Looking to diversify beyond TWOX? The ETFs below have the lowest correlation with TWOX — 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 TWOX.
Best Diversifiers for TWOX
196 ETFs have low correlation with TWOX (below 0.3), 36 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.07 | -0.07 | 71 | Oil & Gas | TWOX vs DBE | |
| United States Brent Oil Fund LP | -0.21 | -0.05 | -0.05 | 65 | Oil & Gas | TWOX vs BNO | |
| Invesco DB Oil Fund | -0.19 | — | — | 65 | Oil & Gas | TWOX vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | -0.21 | -0.21 | 98 | Inflation-Protected Bonds | TWOX vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.13 | 0.03 | 0.03 | 71 | Commodities | TWOX vs GSG |
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