Looking to diversify beyond WEAT.L? The ETFs below have the lowest correlation with WEAT.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 WEAT.L.
Best Diversifiers for WEAT.L
7 ETFs have low correlation with WEAT.L (below 0.3), 6 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 -0.26, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Global Quality Dividend Growth UCITS ET... | -0.26 | -0.12 | -0.03 | 62 | Global Equities, Dividend | WEAT.L vs GGRP.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | -0.18 | -0.09 | -0.02 | 57 | Global Equities, Dividend | WEAT.L vs GGRG.L | |
| WisdomTree S&P 500 3x Daily Leveraged GB | -0.18 | -0.07 | -0.02 | 53 | Leveraged Equities, S&P 500 | WEAT.L vs 3USL.L | |
| WisdomTree NASDAQ 100 3x Daily Leveraged | -0.15 | -0.06 | -0.04 | 55 | Nasdaq-100, Leveraged Equities | WEAT.L vs QQQ3.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | -0.10 | -0.05 | -0.01 | 51 | Large Cap Blend Equities, Dividend | WEAT.L vs DGRA.L |
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