Looking to diversify beyond WING.L? The ETFs below have the lowest correlation with WING.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 WING.L.
Best Diversifiers for WING.L
2 ETFs have low correlation with WING.L (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Haitong Asia ex-Japan High Yield Corp USD Bond Screened Core UCITS ETF Acc (TAHY.L) (High Yield Bonds) with a 1Y correlation of 0.21, roughly unchanged from 0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Haitong Asia ex-Japan High Yield C... | 0.21 | 0.15 | — | 69 | High Yield Bonds | WING.L vs TAHY.L | |
| VanEck Emerging Markets High Yield Bond UCITS ETF | 0.28 | 0.35 | 0.36 | 64 | High Yield Bonds | WING.L vs HYEM.L | |
| Xtrackers USD High Yield Corporate Bond UCITS ETF ... | 0.44 | 0.59 | 0.69 | 63 | High Yield Bonds | WING.L vs XUHY.L | |
| iShares NASDAQ 100 UCITS ETF | 0.47 | 0.46 | 0.59 | 61 | Nasdaq-100 | WING.L vs CNDX.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.48 | 0.59 | 0.72 | 80 | High Yield Bonds | WING.L vs STHY.L |
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