Looking to balance out your exposure to BRWM.L? The ETFs below have the lowest correlation with BRWM.L — they tend to move on their own, which can help reduce risk when BRWM.L drops. The stock ideas table highlights individual companies that behave independently from BRWM.L.
Best Diversifiers for BRWM.L
3 ETFs have low correlation with BRWM.L (below 0.3), 2 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.11, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.11 | -0.07 | -0.05 | 99 | Money Market | BRWM.L vs CSH2.L | |
| iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | -0.05 | 0.03 | 0.11 | 65 | Inflation-Protected Bonds | BRWM.L vs TI5G.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.21 | 0.43 | 0.45 | 91 | Global Equities, Dividend | BRWM.L vs TDGB.L | |
| Vanguard S&P 500 UCITS ETF | 0.32 | 0.31 | 0.33 | 82 | S&P 500 | BRWM.L vs VUSA.L | |
| iShares UK Dividend UCITS ETF | 0.37 | 0.49 | 0.55 | 61 | Dividend | BRWM.L vs IUKD.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BRWM.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BRWM.L and solid risk/return profiles. The least correlated is BioPharma Credit plc (BPCR.L) (Financial Services) with a 1Y correlation of 0.07, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BioPharma Credit plc | 0.07 | 0.06 | 0.08 | 91 | Financial Services | |
| JP Morgan Global Growth & Income plc | 0.31 | 0.38 | 0.39 | 76 | Financial Services | |
| Fidelity Special Values | 0.43 | 0.52 | 0.53 | 75 | Financial Services | |
| Fresnillo plc | 0.66 | 0.57 | 0.51 | 91 | Basic Materials | |
| Antofagasta plc | 0.69 | 0.67 | 0.69 | 91 | Basic Materials |
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