Looking to diversify beyond UTWO? The ETFs below have the lowest correlation with UTWO — 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 UTWO.
Best Diversifiers for UTWO
949 ETFs have low correlation with UTWO (below 0.3), 79 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.39, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.39 | -0.21 | -0.16 | 65 | Oil & Gas | UTWO vs DBO | |
| Invesco DB Energy Fund | -0.37 | -0.21 | -0.16 | 71 | Oil & Gas | UTWO vs DBE | |
| United States Brent Oil Fund LP | -0.36 | -0.21 | -0.16 | 65 | Oil & Gas | UTWO vs BNO | |
| iShares Commodities Select Strategy ETF | -0.33 | -0.19 | — | 71 | Commodities | UTWO vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.32 | -0.18 | -0.13 | 71 | Commodities | UTWO vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UTWO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UTWO and solid risk/return profiles. The least correlated is BlackRock Science and Technology Trust II (BSTZ) (Financial Services) with a 1Y correlation of -0.02, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Science and Technology Trust II | -0.02 | -0.02 | 0.02 | 95 | Financial Services | |
| TC Energy Corporation | 0.09 | 0.08 | 0.10 | 87 | Energy |
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