Looking to diversify beyond KLWD.L? The ETFs below have the lowest correlation with KLWD.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 KLWD.L.
Best Diversifiers for KLWD.L
9 ETFs have low correlation with KLWD.L (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Physical Silver (PHSP.L) (Silver) with a 1Y correlation of -0.03, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Physical Silver | -0.03 | -0.03 | -0.03 | 56 | Silver, Precious Metals | KLWD.L vs PHSP.L | |
| VanEck Semiconductor UCITS ETF | 0.18 | 0.23 | 0.23 | 97 | Semiconductors, Technology Equities | KLWD.L vs SMGB.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.18 | — | — | 97 | Semiconductors, Technology Equities | KLWD.L vs HNSS.L | |
| iShares Electric Vehicles and Driving Technology U... | 0.19 | — | — | 92 | Technology Equities | KLWD.L vs ECAR.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.22 | — | — | 90 | Technology Equities | KLWD.L vs KARP.L |
See all 24 diversifiers for KLWD.L
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