Looking to diversify beyond UTWY? The ETFs below have the lowest correlation with UTWY — 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 UTWY.
Best Diversifiers for UTWY
782 ETFs have low correlation with UTWY (below 0.3), 51 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.41, down from -0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | -0.24 | — | 53 | Oil & Gas | UTWY vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.37 | -0.19 | -0.18 | 51 | Commodities | UTWY vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.35 | -0.22 | -0.22 | 51 | Commodities | UTWY vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.35 | -0.18 | -0.16 | 54 | Commodities | UTWY vs DBC | |
| Fidelity Managed Futures ETF | -0.32 | -0.31 | -0.31 | 71 | Systematic Trend | UTWY vs FFUT |
See all 1132 diversifiers for UTWY
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