Looking to diversify beyond MWEQ.L? The ETFs below have the lowest correlation with MWEQ.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 MWEQ.L.
Best Diversifiers for MWEQ.L
0 ETFs have low correlation with MWEQ.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.48 | — | — | 73 | Technology Equities | MWEQ.L vs XLKQ.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.49 | 0.53 | 0.53 | 65 | Alternative Energy Equities, Global Equities | MWEQ.L vs CHRG.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.50 | 0.57 | 0.57 | 78 | Nasdaq-100 | MWEQ.L vs EQQQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.53 | 0.57 | 0.57 | 73 | Nasdaq-100 | MWEQ.L vs EQGB.L | |
| Scottish Mortgage Investment Trust plc | 0.59 | — | — | 79 | Global Equities | MWEQ.L vs SMT.L |
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