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 | 60 | Asia Pacific Equities | TWN vs IAE | |
| DFA World ex U.S. Value Portfolio Fund | 0.45 | 0.48 | 0.54 | 84 | Foreign Large Cap Equities | TWN vs DFWVX | |
| Fidelity Japan Fund | 0.46 | 0.44 | 0.48 | 77 | Japan Equities, Asia Pacific Equities | TWN vs FJPNX | |
| Invesco EQV Asia Pacific Equity Fund | 0.49 | 0.53 | 0.57 | 63 | Asia Pacific Equities | TWN vs ASIAX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.50 | 0.48 | 0.50 | 91 | Technology Equities | TWN vs STK |
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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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.33, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.33 | 0.41 | 0.45 | 65 | Technology | |
| Comfort Systems USA, Inc. | 0.38 | 0.31 | 0.32 | 98 | Industrials | |
| General American Investors Company, Inc. | 0.39 | 0.40 | 0.46 | 92 | Financial Services | |
| Micron Technology, Inc. | 0.43 | 0.41 | 0.46 | 99 | Technology |
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