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
3 ETFs have low correlation with WATL.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 0.05, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.05 | 0.03 | 0.01 | 99 | Money Market | WATL.L vs CSH2.L | |
| Amundi Nasdaq-100 UCITS USD | 0.24 | 0.37 | 0.50 | 67 | Nasdaq-100 | WATL.L vs ANXU.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.25 | 0.31 | 0.34 | 77 | Financials Equities | WATL.L vs BNKE.L | |
| Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF ... | 0.33 | 0.44 | 0.53 | 96 | Energy Equities | WATL.L vs NRJL.L | |
| Amundi Prime All Country World UCITS ETF Income | 0.44 | 0.52 | 0.52 | 89 | Global Equities | WATL.L vs PACW.L |
See all 10 diversifiers for WATL.L
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