Looking to diversify beyond IWSZ.L? The ETFs below have the lowest correlation with IWSZ.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 IWSZ.L.
Best Diversifiers for IWSZ.L
1 ETFs have low correlation with IWSZ.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) (Energy Equities) with a 1Y correlation of -0.09, down from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.09 | 0.24 | — | 59 | Energy Equities | IWSZ.L vs WENS.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.43 | 0.47 | 0.61 | 70 | Technology Equities, S&P 500 | IWSZ.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.48 | 0.51 | 0.65 | 68 | Technology Equities, S&P 500 | IWSZ.L vs IUIT.L | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.52 | — | — | 77 | Nasdaq-100, Derivative Income | IWSZ.L vs JEPQ.L | |
| iShares NASDAQ 100 UCITS ETF | 0.57 | 0.60 | 0.71 | 75 | Nasdaq-100 | IWSZ.L vs CNDX.L |
See all 17 diversifiers for IWSZ.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IWSZ.L
Add IWSZ.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IWSZ.L