Looking to diversify beyond WCOD.L? The ETFs below have the lowest correlation with WCOD.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 WCOD.L.
Best Diversifiers for WCOD.L
0 ETFs have low correlation with WCOD.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) (Small Cap Value Equities) with a 1Y correlation of 0.64, up from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.64 | 0.50 | 0.51 | 75 | Small Cap Value Equities | WCOD.L vs USSC.L | |
| SPDR S&P 500 UCITS ETF | 0.68 | 0.57 | 0.55 | 83 | S&P 500 | WCOD.L vs SPX5.L | |
| SPDR MSCI ACWI UCITS ETF | 0.70 | 0.60 | 0.57 | 86 | Global Equities | WCOD.L vs ACWI.L | |
| SPDR MSCI ACWI IMI | 0.73 | 0.58 | 0.58 | 75 | Global Equities | WCOD.L vs IMID.L | |
| SPDR MSCI World UCITS ETF | 0.74 | 0.62 | 0.59 | 83 | Global Equities | WCOD.L vs SWLD.L |
See all 9 diversifiers for WCOD.L
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