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iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP (IWDP.L) Diversifiers

ETF · Currency in GBp · Last updated Jun 26, 2026

The investment objective of this Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the FTSE EPRA/NAREIT Developed Dividend + Index. In order to achieve its investment objective, the investment policy of this Fund is to invest in a portfolio of equity securities that so far as possible and practicable consists of the component securities of the FTSE EPRA/NAREIT Developed Dividend + Index, this Fund"s Benchmark Index.

Looking to diversify beyond IWDP.L? The ETFs below have the lowest correlation with IWDP.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 IWDP.L.

Best Diversifiers for IWDP.L

12 ETFs have low correlation with IWDP.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.15, down from 0.01 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BCOG.L
L&G All Commodities UCITS ETF-0.15-0.060.01
52
CommoditiesIWDP.L vs BCOG.L
CSH2.L
Amundi Smart Overnight Return UCITS ETF GBP Hedged...0.010.01-0.01
99
Money MarketIWDP.L vs CSH2.L
IITU.L
iShares S&P 500 Information Technology Sector UCIT...0.060.140.30
58
Technology Equities, S&P 500IWDP.L vs IITU.L
IUIT.L
iShares S&P 500 Information Technology Sector UCIT...0.080.150.31
50
Technology Equities, S&P 500IWDP.L vs IUIT.L
ERNS.L
iShares £ Ultrashort Bond UCITS ETF GBP (Dist)0.120.080.09
99
Ultrashort BondIWDP.L vs ERNS.L
See all 40 diversifiers for IWDP.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from IWDP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IWDP.L and solid risk/return profiles. The least correlated is Tritax Big Box REIT plc (BBOX.L) (Real Estate) with a 1Y correlation of 0.47, roughly unchanged from 0.53 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BBOX.L
Tritax Big Box REIT plc0.470.520.53
63
Real Estate

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Diversification Analysis

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