Looking to diversify beyond XTWO? The ETFs below have historically moved differently from XTWO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XTWO
997 ETFs have low correlation with XTWO (below 0.3), 74 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.36, down from -0.23 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.36 | -0.23 | — | 51 | Oil & Gas | XTWO vs DBO | |
| Fidelity Managed Futures ETF | -0.35 | — | — | 85 | Systematic Trend, Actively Managed | XTWO vs FFUT | |
| Invesco DB Energy Fund | -0.35 | -0.23 | — | 66 | Oil & Gas | XTWO vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.32 | -0.20 | — | 61 | Commodities | XTWO vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.31 | -0.20 | — | 56 | Commodities | XTWO vs COMT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for XTWO, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) (Technology) with a 1Y correlation of 0.04, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Strategy Inc Variable Rate Series A Perpetual Stre... | 0.04 | 0.03 | 0.03 | 62 | Technology |
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