Looking to diversify beyond WATL.L? The ETFs below have the lowest correlation with WATL.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 WATL.L.
Best Diversifiers for WATL.L
2 ETFs have low correlation with WATL.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (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 |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.03 | 0.04 | 0.02 | 99 | Money Market | WATL.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.27 | 0.33 | 0.35 | 55 | Financials Equities | WATL.L vs BNKE.L | |
| Amundi Nasdaq-100 UCITS USD | 0.35 | 0.44 | 0.54 | 76 | Nasdaq-100 | WATL.L vs ANXU.L | |
| Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF ... | 0.36 | 0.45 | 0.51 | 96 | Energy Equities | WATL.L vs NRJL.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.41 | 0.54 | 0.62 | 82 | S&P 500 | WATL.L vs 500G.L |
See all 10 diversifiers for WATL.L
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