Looking to balance out your exposure to LWDB.L? The ETFs below have the lowest correlation with LWDB.L — they tend to move on their own, which can help reduce risk when LWDB.L drops. The stock ideas table highlights individual companies that behave independently from LWDB.L.
Best Diversifiers for LWDB.L
0 ETFs have low correlation with LWDB.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) (Global Equities) with a 1Y correlation of 0.57, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.57 | 0.56 | 0.58 | 83 | Global Equities | LWDB.L vs SWDA.L | |
| HSBC MSCI World UCITS ETF | 0.57 | 0.55 | 0.57 | 78 | Global Equities | LWDB.L vs HMWO.L | |
| iShares UK Dividend UCITS ETF | 0.63 | 0.68 | 0.72 | 61 | Dividend | LWDB.L vs IUKD.L | |
| iShares FTSE 100 UCITS ETF | 0.68 | 0.71 | 0.74 | 56 | LWDB.L vs CUKX.L | ||
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.68 | 0.71 | 0.73 | 56 | Europe Equities | LWDB.L vs VUKG.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LWDB.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LWDB.L and solid risk/return profiles. The least correlated is F&C Investment Trust plc (FCIT.L) (Financial Services) with a 1Y correlation of 0.63, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| F&C Investment Trust plc | 0.63 | 0.63 | 0.63 | 90 | Financial Services | |
| Fidelity Special Values | 0.76 | 0.77 | 0.76 | 75 | Financial Services | |
| The City of London Investment Trust plc | 0.76 | 0.76 | 0.79 | 80 | Financial Services |
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