Looking to diversify beyond SRIW.L? The ETFs below have the lowest correlation with SRIW.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 SRIW.L.
Best Diversifiers for SRIW.L
1 ETFs have low correlation with SRIW.L (below 0.3), 1 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of -0.18, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.18 | 0.01 | 0.04 | 71 | Commodities | SRIW.L vs UC15.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.30 | 0.39 | 0.40 | 91 | Global Equities, Dividend | SRIW.L vs TDGB.L | |
| Invesco European Banks Sector UCITS ETF | 0.47 | 0.39 | 0.37 | 56 | Financials Equities | SRIW.L vs X7PP.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | 0.51 | 0.46 | 0.44 | 55 | Europe Equities | SRIW.L vs UC63.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.53 | 0.46 | 0.47 | 65 | Alternative Energy Equities, Global Equities | SRIW.L vs CHRG.L |
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