Looking to diversify beyond FWRG.L? The ETFs below have the lowest correlation with FWRG.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 FWRG.L.
Best Diversifiers for FWRG.L
5 ETFs have low correlation with FWRG.L (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | -0.08 | — | — | 98 | Short-Term Bond | FWRG.L vs TIGB.L | |
| Invesco USD AAA CLO UCITS ETF Acc | -0.05 | — | — | 97 | CLO, Bank Loan | FWRG.L vs ICLU.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.21 | — | — | 65 | Utilities Equities, Global Equities | FWRG.L vs INFR.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.23 | — | — | 93 | Global Equities, Dividend | FWRG.L vs TDGB.L | |
| iShares UK Dividend UCITS ETF | 0.30 | — | — | 69 | Dividend | FWRG.L vs IUKD.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FWRG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FWRG.L and solid risk/return profiles. The least correlated is Toyota Motor Corp (TYT.L) (Consumer Cyclical) with a 1Y correlation of 0.03, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Toyota Motor Corp | 0.03 | 0.09 | 0.09 | 51 | Consumer Cyclical | |
| National Atomic Co Kazatomprom JSC ADR | 0.21 | — | — | 82 | Energy | |
| Rolls-Royce Holdings PLC | 0.41 | 0.36 | 0.36 | 83 | Industrials | |
| Samsung Electronics Co. Ltd | 0.50 | — | — | 99 | Technology | |
| JP Morgan Global Growth & Income plc | 0.65 | — | — | 77 | Financial Services |
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