Looking to diversify beyond EEWG.L? The ETFs below have the lowest correlation with EEWG.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 EEWG.L.
Best Diversifiers for EEWG.L
7 ETFs have low correlation with EEWG.L (below 0.3), 1 of which are negatively correlated. The least correlated is State Street SPDR MSCI World Energy UCITS ETF USD (Acc) (WNRG.L) (Global Equities) with a 1Y correlation of -0.17, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR MSCI World Energy UCITS ETF USD ... | -0.17 | 0.18 | 0.27 | 66 | Global Equities, Energy Equities | EEWG.L vs WNRG.L | |
| PIMCO US Dollar Short Maturity UCITS ETF GBP Hedge... | 0.03 | 0.03 | 0.02 | 100 | Ultrashort Bond, Short-Term Bond | EEWG.L vs MIST.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.04 | 0.30 | 0.44 | 70 | Utilities Equities, Global Equities | EEWG.L vs INFR.L | |
| PIMCO Sterling Short Maturity UCITS ETF GBP (Dist) | 0.08 | 0.11 | 0.07 | 99 | Ultrashort Bond, Short-Term Bond | EEWG.L vs QUID.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.09 | 0.31 | 0.44 | 76 | Mid Cap Value Equities, Global Equities | EEWG.L vs IDIN.L |
See all 35 diversifiers for EEWG.L
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Diversification Analysis
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