Looking to diversify beyond HIWS.L? The ETFs below have the lowest correlation with HIWS.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 HIWS.L.
Best Diversifiers for HIWS.L
1 ETFs have low correlation with HIWS.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.28, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.28 | 0.43 | 0.48 | 91 | Global Equities, Dividend | HIWS.L vs TDGB.L | |
| SPDR S&P Global Dividend Aristocrats UCITS | 0.40 | 0.46 | 0.51 | 65 | Global Equities, Dividend | HIWS.L vs GBDV.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.48 | 0.53 | 0.56 | 55 | Europe Equities | HIWS.L vs HUKX.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.55 | 0.63 | 0.66 | 86 | Global Equities | HIWS.L vs VHYG.L | |
| Scottish Mortgage Investment Trust plc | 0.58 | 0.65 | — | 79 | Global Equities | HIWS.L vs SMT.L |
See all 26 diversifiers for HIWS.L
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Diversification Analysis
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