Looking to diversify beyond IWDG.L? The ETFs below have the lowest correlation with IWDG.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 IWDG.L.
Best Diversifiers for IWDG.L
1 ETFs have low correlation with IWDG.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) (Energy Equities) with a 1Y correlation of -0.23, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.23 | 0.11 | 0.16 | 59 | Energy Equities | IWDG.L vs WENS.L | |
| SPDR S&P Global Dividend Aristocrats UCITS | 0.32 | 0.43 | 0.51 | 65 | Global Equities, Dividend | IWDG.L vs GBDV.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.32 | 0.46 | 0.51 | 91 | Global Equities, Dividend | IWDG.L vs TDGB.L | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.50 | 0.59 | 0.67 | 84 | Global Equities | IWDG.L vs JPLG.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.52 | 0.59 | 0.64 | 86 | Global Equities | IWDG.L vs VHYG.L |
See all 40 diversifiers for IWDG.L
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