Looking to diversify beyond FWRA.L? The ETFs below have the lowest correlation with FWRA.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 FWRA.L.
Best Diversifiers for FWRA.L
4 ETFs have low correlation with FWRA.L (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco USD AAA CLO UCITS ETF Acc | -0.04 | — | — | 97 | CLO, Bank Loan | FWRA.L vs ICLU.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.10 | 0.26 | 0.26 | 65 | Utilities Equities, Global Equities | FWRA.L vs INFR.L | |
| iShares USD Short Duration Corporate Bond UCITS ET... | 0.28 | — | — | 75 | Corporate Bonds | FWRA.L vs SDIA.L | |
| Invesco US High Yield Fallen Angels UCITS ETF Dist | 0.28 | 0.29 | 0.29 | 57 | High Yield Bonds | FWRA.L vs FAHY.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | 0.34 | — | — | 98 | Short-Term Bond | FWRA.L vs TIGB.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FWRA.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FWRA.L and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| British American Tobacco plc | 0.02 | — | — | 82 | Consumer Defensive |
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