Looking to diversify beyond CW8U.L? The ETFs below have the lowest correlation with CW8U.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 CW8U.L.
Best Diversifiers for CW8U.L
1 ETFs have low correlation with CW8U.L (below 0.3), 0 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 0.00, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.00 | -0.01 | 0.00 | 99 | Money Market | CW8U.L vs CSH2.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.47 | 0.57 | 0.65 | 91 | Global Equities, Dividend | CW8U.L vs TDGB.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.55 | 0.55 | 0.58 | 65 | Alternative Energy Equities, Global Equities | CW8U.L vs CHRG.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.55 | 0.46 | 0.46 | 55 | Financials Equities | CW8U.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | 0.55 | 0.57 | 0.59 | 55 | Europe Equities | CW8U.L vs 100D.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CW8U.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CW8U.L and solid risk/return profiles. The least correlated is Pan African Resources plc (PAF.L) (Basic Materials) with a 1Y correlation of 0.17, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pan African Resources plc | 0.17 | 0.13 | 0.08 | 88 | Basic Materials |
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