Looking to diversify beyond TWN? The mutual funds below have the lowest correlation with TWN — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from TWN.
Best Diversifiers for TWN
0 mutual funds have low correlation with TWN (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Asia Pacific High Dividend Equity Income Fund (IAE) (Asia Pacific Equities) with a 1Y correlation of 0.36, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Asia Pacific High Dividend Equity Income Fund | 0.36 | 0.43 | 0.49 | 67 | Asia Pacific Equities | TWN vs IAE | |
| DFA World ex U.S. Value Portfolio Fund | 0.44 | 0.48 | 0.53 | 88 | Foreign Large Cap Equities | TWN vs DFWVX | |
| Fidelity Japan Fund | 0.44 | 0.42 | 0.47 | 60 | Japan Equities | TWN vs FJPNX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.44 | 0.45 | 0.48 | 98 | Technology Equities | TWN vs STK | |
| Matthews Asia Innovators Fund | 0.45 | 0.55 | 0.54 | 97 | Asia Pacific Equities | TWN vs MATFX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TWN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TWN and solid risk/return profiles. The least correlated is Avis Budget Group, Inc. (CAR) (Industrials) with a 1Y correlation of 0.09, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Avis Budget Group, Inc. | 0.09 | 0.17 | 0.20 | 58 | Industrials | |
| ASA Gold and Precious Metals Limited | 0.20 | 0.25 | 0.27 | 82 | Financial Services | |
| NVIDIA Corporation | 0.29 | 0.40 | 0.45 | 82 | Technology | |
| Comfort Systems USA, Inc. | 0.32 | 0.30 | 0.31 | 99 | Industrials | |
| Micron Technology, Inc. | 0.37 | 0.39 | 0.44 | 99 | Technology |
Build a portfolio that complements TWN
Add TWN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TWN