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
5 ETFs have low correlation with WIGG.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Short Duration High Yield Corporate Bond UCITS ETF (SDHG.L) (High Yield Bonds) with a 1Y correlation of -0.09, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Short Duration High Yield Corporate Bo... | -0.09 | 0.00 | 0.03 | 61 | High Yield Bonds | WIGG.L vs SDHG.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.12 | 0.12 | 0.18 | 65 | High Yield Bonds | WIGG.L vs JGYH.L | |
| iShares USD High Yield Corporate Bond UCITS ETF US... | 0.21 | 0.22 | 0.26 | 61 | High Yield Bonds | WIGG.L vs IHYA.L | |
| Xtrackers USD High Yield Corporate Bond UCITS ETF ... | 0.23 | 0.25 | 0.28 | 54 | High Yield Bonds | WIGG.L vs XUHY.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.24 | 0.25 | 0.30 | 64 | High Yield Bonds | WIGG.L vs RISE.L |
See all 24 diversifiers for WIGG.L
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Diversification Analysis
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