Looking to diversify beyond DGRA.L? The ETFs below have the lowest correlation with DGRA.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 DGRA.L.
Best Diversifiers for DGRA.L
11 ETFs have low correlation with DGRA.L (below 0.3), 7 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF GBP Hedged Acc (WCOM.L) (Commodities) with a 1Y correlation of -0.20, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF GBP Hedged... | -0.20 | -0.05 | 0.03 | 57 | Commodities | DGRA.L vs WCOM.L | |
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.14 | 0.04 | 0.09 | 66 | Commodities | DGRA.L vs WCOB.L | |
| WisdomTree Enhanced Commodity UCITS ETF USD | -0.14 | 0.04 | 0.09 | 64 | Commodities | DGRA.L vs WCOG.L | |
| WisdomTree Broad Commodities UCITS ETF | -0.12 | 0.04 | — | 52 | Commodities | DGRA.L vs COMX.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.07 | 0.05 | 0.02 | 87 | Government Bonds | DGRA.L vs TFRN.L |
See all 57 diversifiers for DGRA.L
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Diversification Analysis
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