Looking to diversify beyond GLDW.L? The ETFs below have the lowest correlation with GLDW.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 GLDW.L.
Best Diversifiers for GLDW.L
39 ETFs have low correlation with GLDW.L (below 0.3), 2 of which are negatively correlated. The least correlated is WisdomTree USD Floating Rate Treasury Bond UCITS ETF - USD Acc (TFRN.L) (Government Bonds) with a 1Y correlation of -0.13, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.13 | -0.02 | 0.08 | 87 | Government Bonds | GLDW.L vs TFRN.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.05 | 0.00 | -0.01 | 99 | Money Market | GLDW.L vs CSH2.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.06 | 0.04 | 0.04 | 70 | Government Bonds, Ultrashort Bond | GLDW.L vs USFR.L | |
| iShares S&P SmallCap 600 UCITS ETF | 0.11 | 0.04 | -0.02 | 90 | Small Cap Blend Equities | GLDW.L vs ISP6.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF - ... | 0.13 | 0.06 | 0.02 | 77 | Large Cap Blend Equities, Dividend | GLDW.L vs DGRP.L |
See all 45 diversifiers for GLDW.L
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Diversification Analysis
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