Looking to diversify beyond MWEP.L? The ETFs below have the lowest correlation with MWEP.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 MWEP.L.
Best Diversifiers for MWEP.L
3 ETFs have low correlation with MWEP.L (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR MSCI World Energy UCITS ETF USD ... | -0.11 | — | — | 66 | Global Equities, Energy Equities | MWEP.L vs WNRG.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.17 | — | — | 70 | Utilities Equities, Global Equities | MWEP.L vs INFR.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.25 | — | — | 76 | Mid Cap Value Equities, Global Equities | MWEP.L vs IDIN.L | |
| VanEck Semiconductor UCITS ETF | 0.42 | — | — | 94 | Semiconductors, Technology Equities, ESG, Global Equities | MWEP.L vs SMH.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.48 | — | — | 95 | Global Equities, Dividend | MWEP.L vs TDGB.L |
See all 29 diversifiers for MWEP.L
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Diversification Analysis
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