Looking to diversify beyond IWRD.AS? The ETFs below have the lowest correlation with IWRD.AS — 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 IWRD.AS.
Best Diversifiers for IWRD.AS
0 ETFs have low correlation with IWRD.AS (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) (Global Equity Income) with a 1Y correlation of 0.34, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.34 | 0.48 | 0.59 | 96 | Global Equity Income | IWRD.AS vs TDIV.AS | |
| iShares Euro Dividend UCITS ETF | 0.49 | 0.46 | 0.56 | 74 | Europe Equities | IWRD.AS vs IDVY.AS | |
| iShares EURO STOXX Mid UCITS ETF | 0.57 | 0.57 | 0.65 | 60 | Europe Equities | IWRD.AS vs DJMC.AS | |
| iShares AEX UCITS ETF | 0.67 | 0.71 | 0.76 | 61 | Europe Equities | IWRD.AS vs IAEX.AS | |
| iShares MSCI Europe ex-UK UCITS ETF | 0.70 | 0.69 | 0.75 | 52 | Europe Equities | IWRD.AS vs IEUX.AS |
See all 20 diversifiers for IWRD.AS
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