Looking to diversify beyond IWFQ.L? The ETFs below have the lowest correlation with IWFQ.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 IWFQ.L.
Best Diversifiers for IWFQ.L
1 ETFs have low correlation with IWFQ.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (COMM.L) (Commodities) with a 1Y correlation of -0.14, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.14 | 0.08 | 0.12 | 67 | Commodities | IWFQ.L vs COMM.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.48 | 0.45 | 0.55 | 91 | Global Equities, Dividend | IWFQ.L vs TDGB.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.51 | 0.46 | 0.54 | 65 | Alternative Energy Equities, Global Equities | IWFQ.L vs CHRG.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.53 | 0.52 | 0.54 | 78 | Emerging Markets Equities | IWFQ.L vs EIMI.L | |
| L&G Battery Value-Chain UCITS ETF | 0.53 | 0.53 | 0.60 | 95 | Alternative Energy Equities, Global Equities | IWFQ.L vs BATG.L |
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