Looking to diversify beyond WDEF.L? The ETFs below have the lowest correlation with WDEF.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 WDEF.L.
Best Diversifiers for WDEF.L
33 ETFs have low correlation with WDEF.L (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.04 | — | — | 55 | Commodities | WDEF.L vs WCOB.L | |
| WisdomTree Enhanced Commodity UCITS ETF USD | -0.03 | -0.04 | -0.04 | 54 | Commodities | WDEF.L vs WCOG.L | |
| WisdomTree Enhanced Commodity ex-Agriculture UCITS... | 0.04 | 0.06 | 0.06 | 52 | Commodities | WDEF.L vs WXAG.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.05 | — | — | 66 | Government Bonds, Ultrashort Bond | WDEF.L vs USFR.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.07 | — | — | 83 | Government Bonds | WDEF.L vs TFRN.L |
See all 37 diversifiers for WDEF.L
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Diversification Analysis
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