Looking to diversify beyond IWLE.DE? The ETFs below have the lowest correlation with IWLE.DE — 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 IWLE.DE.
Best Diversifiers for IWLE.DE
2 ETFs have low correlation with IWLE.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF (IQQI.DE) (Global Equities) with a 1Y correlation of -0.04, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF | -0.04 | 0.20 | 0.34 | 70 | Global Equities | IWLE.DE vs IQQI.DE | |
| iShares Global Infrastructure UCITS ETF USD (Acc) | -0.03 | 0.21 | — | 71 | Utilities Equities, Global Equities | IWLE.DE vs CBUX.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.36 | 0.51 | 0.60 | 94 | Global Equities, Dividend | IWLE.DE vs VDIV.DE | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.48 | 0.60 | 0.71 | 92 | Global Equities | IWLE.DE vs JPGL.DE | |
| abrdn Future Supply Chains UCITS ETF | 0.53 | — | — | 63 | Global Equities | IWLE.DE vs ASCH.DE |
See all 27 diversifiers for IWLE.DE
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