Looking to diversify beyond WCOG.L? The ETFs below have the lowest correlation with WCOG.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 WCOG.L.
Best Diversifiers for WCOG.L
6 ETFs have low correlation with WCOG.L (below 0.3), 4 of which are negatively correlated. The least correlated is WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L) (Nasdaq-100) with a 1Y correlation of -0.17, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree NASDAQ 100 3x Daily Leveraged | -0.17 | -0.04 | -0.02 | 69 | Nasdaq-100, Leveraged Equities | WCOG.L vs QQQ3.L | |
| WisdomTree S&P 500 3x Daily Leveraged GB | -0.17 | 0.02 | 0.13 | 65 | Leveraged Equities, S&P 500 | WCOG.L vs 3USL.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | -0.14 | 0.05 | 0.10 | 57 | Large Cap Blend Equities, Dividend | WCOG.L vs DGRA.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | -0.10 | 0.02 | 0.06 | 91 | Technology Equities | WCOG.L vs INTL.L | |
| VanEck S&P Global Mining UCITS ETF | 0.12 | 0.33 | 0.43 | 67 | Materials | WCOG.L vs GDIG.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WCOG.L
Add WCOG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WCOG.L