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
11 ETFs have low correlation with MWOZ.L (below 0.3), 3 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 | -0.09 | — | — | 55 | Global Equities | MWOZ.L vs WNRG.L | |
| L&G Multi-Strategy Enhanced Commodities UCITS ETF ... | -0.08 | — | — | 52 | Commodities | MWOZ.L vs ENCO.L | |
| L&G All Commodities UCITS ETF - USD Accumulating E... | -0.06 | — | — | 59 | Commodities | MWOZ.L vs BCOM.L | |
| First Trust FactorFX UCITS ETF Class A USD | 0.01 | — | — | 65 | Global Equities | MWOZ.L vs FTFX.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.04 | 0.03 | 0.03 | 99 | Money Market | MWOZ.L vs CSH2.L |
See all 183 diversifiers for MWOZ.L
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Diversification Analysis
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