Looking to diversify beyond KWBP.L? The ETFs below have the lowest correlation with KWBP.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 KWBP.L.
Best Diversifiers for KWBP.L
0 ETFs have low correlation with KWBP.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 0.32, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Technology Select Sector UCITS ETF | 0.32 | 0.22 | 0.25 | 72 | Technology Equities | KWBP.L vs GXLK.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.34 | 0.22 | 0.28 | 70 | Technology Equities | KWBP.L vs XSTC.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.34 | 0.23 | 0.27 | 73 | Technology Equities | KWBP.L vs XLKQ.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.35 | 0.23 | 0.27 | 70 | Technology Equities | KWBP.L vs XLKS.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.35 | 0.22 | 0.27 | 70 | Technology Equities, S&P 500 | KWBP.L vs IITU.L |
See all 20 diversifiers for KWBP.L
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