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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.


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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.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
F&C Investment Trust plc0.630.630.63
90
Financial Services
Fidelity Special Values0.760.770.76
75
Financial Services
The City of London Investment Trust plc0.760.760.79
80
Financial Services

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Diversification Analysis

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