Looking to diversify beyond WLDS.L? The ETFs below have the lowest correlation with WLDS.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 WLDS.L.
Best Diversifiers for WLDS.L
9 ETFs have low correlation with WLDS.L (below 0.3), 4 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (COMM.L) (Commodities) with a 1Y correlation of -0.17, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.17 | 0.00 | 0.09 | 53 | Commodities | WLDS.L vs COMM.L | |
| Invesco Bloomberg Commodity UCITS ETF Acc | -0.16 | 0.01 | 0.10 | 54 | Commodities | WLDS.L vs CMOP.L | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.15 | 0.19 | 0.26 | 52 | Energy Equities | WLDS.L vs WENS.L | |
| iShares Bloomberg Roll Select Commodity Swap UCITS... | -0.14 | 0.02 | 0.14 | 71 | Commodities | WLDS.L vs ROLG.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.00 | 0.03 | 0.06 | 100 | Government Bonds, Ultrashort Bond | WLDS.L vs IB01.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WLDS.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WLDS.L and solid risk/return profiles. The least correlated is BH Macro Limited (BHMG.L) (Financial Services) with a 1Y correlation of 0.15, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BH Macro Limited | 0.15 | 0.12 | 0.11 | 63 | Financial Services | |
| HICL Infrastructure Company Ltd | 0.24 | 0.26 | 0.27 | 72 | Financial Services | |
| International Public Partnership | 0.33 | 0.35 | 0.30 | 84 | Financial Services | |
| Tritax Big Box REIT plc | 0.35 | 0.37 | 0.39 | 70 | Real Estate | |
| Blackrock World Mining Trust plc | 0.50 | 0.51 | 0.52 | 84 | Financial Services |
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