Looking to diversify beyond WMAT.L? The ETFs below have the lowest correlation with WMAT.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 WMAT.L.
Best Diversifiers for WMAT.L
0 ETFs have low correlation with WMAT.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Space Innovators UCITS ETF (JEDG.L) (Industrials Equities) with a 1Y correlation of 0.35, roughly unchanged from 0.45 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.35 | 0.45 | — | 95 | Industrials Equities | WMAT.L vs JEDG.L | |
| SPDR S&P 500 UCITS ETF | 0.40 | 0.47 | 0.54 | 83 | S&P 500 | WMAT.L vs SPX5.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.44 | 0.47 | 0.53 | 73 | Nasdaq-100 | WMAT.L vs EQGB.L | |
| iShares S&P 500 Industrials Sector UCITS ETF USD (... | 0.46 | 0.52 | 0.59 | 53 | Industrials Equities, S&P 500 | WMAT.L vs IISU.L | |
| SPDR MSCI World UCITS ETF | 0.51 | 0.58 | 0.64 | 83 | Global Equities | WMAT.L vs SWLD.L |
See all 18 diversifiers for WMAT.L
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