Looking to diversify beyond TXUG? The ETFs below have the lowest correlation with TXUG — 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 TXUG.
Best Diversifiers for TXUG
161 ETFs have low correlation with TXUG (below 0.3), 42 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.42 | — | — | 71 | Oil & Gas | TXUG vs DBE | |
| United States Brent Oil Fund LP | -0.41 | — | — | 65 | Oil & Gas | TXUG vs BNO | |
| Invesco DB Oil Fund | -0.35 | — | — | 65 | Oil & Gas | TXUG vs DBO | |
| iShares Commodities Select Strategy ETF | -0.29 | — | — | 71 | Commodities | TXUG vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | -0.13 | -0.13 | 71 | Commodities | TXUG vs GSG |
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