Looking to diversify beyond MWOZ.L? The ETFs below have the lowest correlation with MWOZ.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 MWOZ.L.
Best Diversifiers for MWOZ.L
2 ETFs have low correlation with MWOZ.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.05 | — | — | 99 | Money Market | MWOZ.L vs CSH2.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.12 | — | — | 71 | Utilities Equities, Global Equities | MWOZ.L vs INFR.L | |
| SPDR S&P Global Dividend Aristocrats UCITS | 0.36 | — | — | 79 | Global Equities, Dividend | MWOZ.L vs GBDV.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.36 | — | — | 94 | Global Equities, Dividend | MWOZ.L vs TDGB.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.52 | — | — | 77 | Financials Equities | MWOZ.L vs BNKE.L |
See all 129 diversifiers for MWOZ.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MWOZ.L
Add MWOZ.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MWOZ.L