Looking to diversify beyond WLD.MI? The ETFs below have the lowest correlation with WLD.MI — 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 WLD.MI.
Best Diversifiers for WLD.MI
1 ETFs have low correlation with WLD.MI (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi USD High Yield Corporate Bond ESG UCITS ETF Dist (USHY.MI) (High Yield Bonds) with a 1Y correlation of 0.26, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi USD High Yield Corporate Bond ESG UCITS ETF... | 0.26 | 0.32 | 0.32 | 64 | High Yield Bonds, Corporate Bonds, ESG | WLD.MI vs USHY.MI | |
| Amundi MSCI Europe II UCITS ETF | 0.74 | 0.70 | 0.75 | 60 | Europe Equities | WLD.MI vs MEU.MI |
Diversification Analysis
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