Looking to diversify beyond XTWY? The ETFs below have the lowest correlation with XTWY — 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 XTWY.
Best Diversifiers for XTWY
908 ETFs have low correlation with XTWY (below 0.3), 60 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.38, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | -0.23 | -0.20 | 53 | Oil & Gas | XTWY vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.19 | -0.16 | 51 | Commodities | XTWY vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.33 | -0.18 | — | 54 | Commodities | XTWY vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.33 | -0.21 | -0.21 | 51 | Commodities | XTWY vs DCMT | |
| Fidelity Managed Futures ETF | -0.30 | — | — | 71 | Systematic Trend | XTWY vs FFUT |
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