Looking to diversify beyond IDWR.L? The ETFs below have the lowest correlation with IDWR.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 IDWR.L.
Best Diversifiers for IDWR.L
0 ETFs have low correlation with IDWR.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P Global Dividend Aristocrats UCITS (GBDV.L) (Global Equities) with a 1Y correlation of 0.43, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Global Dividend Aristocrats UCITS | 0.43 | 0.50 | 0.57 | 65 | Global Equities, Dividend | IDWR.L vs GBDV.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.47 | 0.56 | 0.65 | 91 | Global Equities, Dividend | IDWR.L vs TDGB.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.54 | 0.54 | 0.58 | 65 | Alternative Energy Equities, Global Equities | IDWR.L vs CHRG.L | |
| L&G Battery Value-Chain UCITS ETF | 0.57 | 0.60 | 0.64 | 95 | Alternative Energy Equities, Global Equities | IDWR.L vs BATG.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.65 | 0.70 | 0.76 | 86 | Global Equities | IDWR.L vs VHYG.L |
See all 30 diversifiers for IDWR.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IDWR.L
Add IDWR.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IDWR.L