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
6 ETFs have low correlation with BRWM.L (below 0.3), 4 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.29, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.29 | -0.20 | -0.22 | 100 | Government Bonds, Ultrashort Bond | BRWM.L vs IB01.L | |
| Vanguard USD Emerging Markets Government Bond UCIT... | -0.10 | 0.01 | -0.03 | 52 | Emerging Markets Bonds | BRWM.L vs VEMA.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.08 | -0.06 | -0.05 | 99 | Money Market | BRWM.L vs CSH2.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | -0.07 | 0.13 | 0.20 | 68 | Utilities Equities, Global Equities | BRWM.L vs INFR.L | |
| iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 0.00 | 0.01 | 0.09 | 62 | Inflation-Protected Bonds | BRWM.L vs TI5G.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 | 92 | Financial Services | |
| HICL Infrastructure Company Ltd | 0.15 | 0.25 | 0.26 | 76 | Financial Services | |
| JP Morgan Global Growth & Income plc | 0.36 | 0.38 | 0.40 | 76 | Financial Services | |
| Fidelity Special Values | 0.44 | 0.51 | 0.52 | 78 | Financial Services | |
| Fresnillo plc | 0.72 | 0.58 | 0.52 | 78 | Basic Materials |
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