Looking to balance out your exposure to TW.L? The ETFs below have the lowest correlation with TW.L — they tend to move on their own, which can help reduce risk when TW.L drops. The stock ideas table highlights individual companies that behave independently from TW.L.
Best Diversifiers for TW.L
1 ETFs have low correlation with TW.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 0.18, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.18 | 0.33 | 0.35 | 91 | Global Equities, Dividend | TW.L vs TDGB.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TW.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TW.L and solid risk/return profiles. The least correlated is GlaxoSmithKline plc (GSK.L) (Healthcare) with a 1Y correlation of 0.12, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GlaxoSmithKline plc | 0.12 | 0.15 | 0.13 | 74 | Healthcare | |
| Keller Group plc | 0.31 | 0.27 | 0.29 | 89 | Industrials |
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