Looking to diversify beyond IWFM.L? The ETFs below have the lowest correlation with IWFM.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 IWFM.L.
Best Diversifiers for IWFM.L
4 ETFs have low correlation with IWFM.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.00, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.00 | -0.02 | -0.01 | 99 | Money Market | IWFM.L vs CSH2.L | |
| iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 0.04 | -0.06 | -0.02 | 55 | Inflation-Protected Bonds | IWFM.L vs TI5G.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.22 | 0.31 | 0.47 | 94 | Global Equities, Dividend | IWFM.L vs TDGB.L | |
| Vanguard USD Emerging Markets Government Bond UCIT... | 0.24 | 0.28 | 0.24 | 69 | Emerging Markets Bonds | IWFM.L vs VEMA.L | |
| iShares Healthcare Innovation UCITS ETF USD (Acc) | 0.31 | 0.42 | 0.50 | 55 | Health & Biotech Equities | IWFM.L vs DRDR.L |
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