Looking to diversify beyond KWBE.L? The ETFs below have the lowest correlation with KWBE.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 KWBE.L.
Best Diversifiers for KWBE.L
0 ETFs have low correlation with KWBE.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L) (Technology Equities) with a 1Y correlation of 0.37, up from 0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Technology Select Sector UCITS ETF | 0.37 | 0.25 | — | 72 | Technology Equities | KWBE.L vs GXLK.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.38 | 0.24 | 0.29 | 70 | Technology Equities | KWBE.L vs XSTC.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.38 | 0.24 | 0.28 | 70 | Technology Equities, S&P 500 | KWBE.L vs IITU.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.38 | 0.24 | 0.28 | 73 | Technology Equities | KWBE.L vs XLKQ.L | |
| iShares MSCI Europe Information Technology Sector ... | 0.39 | 0.31 | 0.32 | 81 | Technology Equities | KWBE.L vs ESIT.L |
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