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
12 ETFs have low correlation with KLWD.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC Nasdaq Global Semiconductor UCITS ETF (HNSS.L) (Semiconductors) with a 1Y correlation of 0.13, down from 0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.13 | 0.40 | — | 92 | Semiconductors, Technology Equities | KLWD.L vs HNSS.L | |
| VanEck Semiconductor UCITS ETF | 0.13 | 0.40 | 0.47 | 97 | Semiconductors, Technology Equities | KLWD.L vs SMGB.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.16 | 0.34 | — | 92 | Technology Equities | KLWD.L vs VPNG.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.19 | 0.33 | — | 93 | Technology Equities | KLWD.L vs KARP.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | 0.21 | 0.45 | 0.46 | 58 | Global Equities, Dividend | KLWD.L vs GGRG.L |
See all 25 diversifiers for KLWD.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements KLWD.L
Add KLWD.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KLWD.L