Looking to diversify beyond WCOB.L? The ETFs below have the lowest correlation with WCOB.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 WCOB.L.
Best Diversifiers for WCOB.L
20 ETFs have low correlation with WCOB.L (below 0.3), 16 of which are negatively correlated. The least correlated is WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) (Global Equities) with a 1Y correlation of -0.21, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Global Quality Dividend Growth UCITS ET... | -0.21 | -0.00 | 0.10 | 62 | Global Equities, Dividend | WCOB.L vs GGRP.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | -0.20 | 0.01 | 0.10 | 57 | Global Equities, Dividend | WCOB.L vs GGRG.L | |
| WisdomTree Japan Equity UCITS ETF JPY Acc | -0.20 | -0.00 | 0.06 | 78 | Japan Equities | WCOB.L vs DXJG.L | |
| WisdomTree S&P 500 3x Daily Leveraged GB | -0.20 | -0.05 | 0.02 | 53 | Leveraged Equities, S&P 500 | WCOB.L vs 3USL.L | |
| iShares MSCI Japan UCITS ETF (Dist) | -0.17 | 0.00 | 0.07 | 72 | Japan Equities | WCOB.L vs IJPN.L |
See all 29 diversifiers for WCOB.L
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