Looking to diversify beyond SWLD.L? The ETFs below have the lowest correlation with SWLD.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 SWLD.L.
Best Diversifiers for SWLD.L
13 ETFs have low correlation with SWLD.L (below 0.3), 8 of which are negatively correlated. The least correlated is SPDR MSCI Europe Energy UCITS ETF (ENGE.L) (Energy Equities) with a 1Y correlation of -0.14, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Energy UCITS ETF | -0.14 | 0.13 | 0.22 | 55 | Energy Equities | SWLD.L vs ENGE.L | |
| iShares Diversified Commodity Swap UCITS ETF | -0.12 | 0.08 | 0.13 | 53 | Commodities | SWLD.L vs COMM.L | |
| State Street SPDR MSCI World Energy UCITS ETF | -0.11 | 0.20 | 0.27 | 51 | Energy Equities | SWLD.L vs ENGW.L | |
| Invesco Bloomberg Commodity UCITS ETF Acc | -0.10 | 0.09 | 0.13 | 54 | Commodities | SWLD.L vs CMOP.L | |
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.10 | 0.11 | 0.17 | 72 | Commodities | SWLD.L vs UC15.L |
See all 88 diversifiers for SWLD.L
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