Looking to diversify beyond WIGG.L? The ETFs below have the lowest correlation with WIGG.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 WIGG.L.
Best Diversifiers for WIGG.L
7 ETFs have low correlation with WIGG.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Emerging Markets High Yield Bond UCITS ETF USD (Acc) (HYEM.L) (Emerging Markets Bonds) with a 1Y correlation of 0.02, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Emerging Markets High Yield Bond UCITS ETF ... | 0.02 | 0.01 | -0.04 | 74 | Emerging Markets Bonds, High Yield Bonds, Corporate Bonds | WIGG.L vs HYEM.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.09 | 0.15 | 0.15 | 81 | High Yield Bonds | WIGG.L vs STYC.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.09 | 0.14 | 0.18 | 60 | High Yield Bonds | WIGG.L vs JGYH.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.10 | 0.11 | 0.13 | 79 | High Yield Bonds | WIGG.L vs STHY.L | |
| iShares € High Yield Corp Bond UCITS ETF USD Hedge... | 0.12 | 0.08 | 0.11 | 64 | European High Yield Bonds, High Yield Bonds, European Corporate Bonds | WIGG.L vs HYGU.L |
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