Looking to diversify beyond ACWD.L? The ETFs below have the lowest correlation with ACWD.L — 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 ACWD.L.
Best Diversifiers for ACWD.L
7 ETFs have low correlation with ACWD.L (below 0.3), 5 of which are negatively correlated. The least correlated is SPDR S&P US Energy Select Sector UCITS ETF (GXLE.L) (Energy Equities) with a 1Y correlation of -0.14, down from 0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Energy Select Sector UCITS ETF | -0.14 | 0.16 | — | 54 | Energy Equities | ACWD.L vs GXLE.L | |
| SPDR MSCI World Energy UCITS ETF | -0.13 | 0.20 | — | 63 | Energy Equities | ACWD.L vs ENGW.L | |
| State Street SPDR S&P U.S. Energy Select Sector UC... | -0.13 | 0.19 | 0.32 | 58 | Energy Equities | ACWD.L vs SXLE.L | |
| SPDR® MSCI Europe Energy UCITS ETF | -0.11 | 0.17 | 0.26 | 73 | Energy Equities | ACWD.L vs ENGY.L | |
| SPDR MSCI Europe Energy UCITS ETF | -0.08 | 0.22 | 0.31 | 77 | Energy Equities | ACWD.L vs ENGE.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACWD.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACWD.L and solid risk/return profiles. The least correlated is JP Morgan Global Growth & Income plc (JGGI.L) (Financial Services) with a 1Y correlation of 0.67, roughly unchanged from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JP Morgan Global Growth & Income plc | 0.67 | 0.73 | 0.72 | 76 | Financial Services |
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