Looking to diversify beyond HWWD.L? The ETFs below have the lowest correlation with HWWD.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 HWWD.L.
Best Diversifiers for HWWD.L
0 ETFs have low correlation with HWWD.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 0.47, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.47 | 0.60 | 0.67 | 91 | Global Equities, Dividend | HWWD.L vs TDGB.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.55 | 0.57 | 0.59 | 65 | Alternative Energy Equities, Global Equities | HWWD.L vs CHRG.L | |
| L&G Battery Value-Chain UCITS ETF | 0.60 | 0.62 | 0.65 | 95 | Alternative Energy Equities, Global Equities | HWWD.L vs BATG.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.64 | 0.66 | 0.71 | 55 | Europe Equities | HWWD.L vs HUKX.L | |
| Scottish Mortgage Investment Trust plc | 0.69 | 0.70 | 0.72 | 79 | Global Equities | HWWD.L vs SMT.L |
See all 24 diversifiers for HWWD.L
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Diversification Analysis
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