Looking to diversify beyond VALW.L? The ETFs below have the lowest correlation with VALW.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 VALW.L.
Best Diversifiers for VALW.L
3 ETFs have low correlation with VALW.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.03, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.03 | -0.01 | -0.02 | 99 | Money Market | VALW.L vs CSH2.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.07 | 0.07 | 0.07 | 98 | Ultrashort Bond | VALW.L vs ERNS.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.18 | 0.36 | 0.45 | 59 | Utilities Equities, Global Equities | VALW.L vs INFR.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.38 | 0.48 | 0.59 | 53 | Large Cap Blend Equities, Dividend | VALW.L vs USDV.L | |
| Scottish Mortgage Investment Trust plc | 0.51 | 0.57 | 0.55 | 66 | Global Equities | VALW.L vs SMT.L |
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