Looking to diversify beyond IWMO.L? The ETFs below have the lowest correlation with IWMO.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 IWMO.L.
Best Diversifiers for IWMO.L
2 ETFs have low correlation with IWMO.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.03, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.03 | 0.01 | 0.04 | 100 | Government Bonds, Ultrashort Bond | IWMO.L vs IB01.L | |
| SPDR S&P Global Dividend Aristocrats UCITS | 0.19 | 0.31 | 0.44 | 65 | Global Equities, Dividend | IWMO.L vs GBDV.L | |
| iShares Physical Silver ETC | 0.34 | 0.26 | 0.27 | 56 | Silver, Precious Metals | IWMO.L vs SSLN.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.36 | 0.44 | 0.56 | 91 | Global Equities, Dividend | IWMO.L vs TDGB.L | |
| Avantis Global Small Cap Value UCITS ETF USD Acc | 0.44 | — | — | 89 | Small Cap Value Equities | IWMO.L vs AVSG.L |
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