Looking to diversify beyond CWEU.L? The ETFs below have the lowest correlation with CWEU.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 CWEU.L.
Best Diversifiers for CWEU.L
18 ETFs have low correlation with CWEU.L (below 0.3), 2 of which are negatively correlated. The least correlated is Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) (Financials Equities) with a 1Y correlation of -0.04, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | -0.04 | 0.07 | 0.06 | 55 | Financials Equities | CWEU.L vs BNKE.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.02 | -0.00 | -0.02 | 99 | Money Market | CWEU.L vs CSH2.L | |
| Lyxor MSCI All Country World UCITS ETF | 0.12 | 0.17 | 0.10 | 87 | Global Equities | CWEU.L vs ACWL.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.13 | 0.16 | 0.11 | 82 | S&P 500 | CWEU.L vs 500G.L | |
| Global X Solar UCITS ETF USD Accumulating | 0.13 | 0.13 | — | 80 | Energy Equities | CWEU.L vs RAYG.L |
See all 35 diversifiers for CWEU.L
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