Looking to diversify beyond HEDG.L? The ETFs below have the lowest correlation with HEDG.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 HEDG.L.
Best Diversifiers for HEDG.L
2 ETFs have low correlation with HEDG.L (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) (Commodities) with a 1Y correlation of -0.28, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.28 | -0.10 | -0.07 | 81 | Commodities | HEDG.L vs WCOB.L | |
| WisdomTree Physical Silver | 0.27 | 0.18 | 0.13 | 56 | Silver, Precious Metals | HEDG.L vs PHSP.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.40 | — | — | 99 | Europe Equities | HEDG.L vs JRDZ.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.45 | 0.45 | 0.33 | 91 | Technology Equities | HEDG.L vs INTL.L | |
| Franklin European Quality Dividend UCITS ETF | 0.47 | 0.48 | 0.36 | 80 | Europe Equities | HEDG.L vs FLXD.L |
See all 26 diversifiers for HEDG.L
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