Looking to diversify beyond MXWO.L? The ETFs below have the lowest correlation with MXWO.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 MXWO.L.
Best Diversifiers for MXWO.L
0 ETFs have low correlation with MXWO.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.48, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.48 | 0.57 | 0.65 | 91 | Global Equities, Dividend | MXWO.L vs TDGB.L | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.61 | 0.69 | 0.75 | 84 | Global Equities | MXWO.L vs JPLG.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.63 | 0.64 | 0.69 | 65 | Alternative Energy Equities, Global Equities | MXWO.L vs CHRG.L | |
| L&G Battery Value-Chain UCITS ETF | 0.66 | 0.70 | 0.73 | 95 | Alternative Energy Equities, Global Equities | MXWO.L vs BATG.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.66 | 0.70 | 0.76 | 86 | Global Equities | MXWO.L vs VHYG.L |
See all 40 diversifiers for MXWO.L
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