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
3 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 -0.15, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.15 | 0.07 | 0.11 | 53 | Commodities | IWFQ.L vs COMM.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.10 | 0.17 | 0.09 | 100 | Government Bonds, Ultrashort Bond | IWFQ.L vs IB01.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.15 | 0.30 | 0.44 | 61 | Utilities Equities, Global Equities | IWFQ.L vs INFR.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.40 | 0.42 | 0.53 | 95 | Global Equities, Dividend | IWFQ.L vs TDGB.L | |
| SPDR S&P Global Dividend Aristocrats UCITS | 0.48 | 0.47 | 0.56 | 68 | Global Equities, Dividend | IWFQ.L vs GBDV.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IWFQ.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IWFQ.L and solid risk/return profiles. The least correlated is Blackrock World Mining Trust plc (BRWM.L) (Financial Services) with a 1Y correlation of 0.39, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Blackrock World Mining Trust plc | 0.39 | 0.36 | 0.38 | 84 | Financial Services |
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