Looking to diversify beyond WNEW.L? The ETFs below have the lowest correlation with WNEW.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 WNEW.L.
Best Diversifiers for WNEW.L
0 ETFs have low correlation with WNEW.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares US Property Yield UCITS ETF (IUSP.L) (REIT) with a 1Y correlation of 0.36, down from 0.67 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares US Property Yield UCITS ETF | 0.36 | 0.67 | — | 57 | REIT | WNEW.L vs IUSP.L | |
| SPDR® Dow Jones Global Real Estate UCITS ETF | 0.39 | 0.70 | 0.77 | 55 | REIT | WNEW.L vs GBRE.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | 0.45 | 0.50 | 0.59 | 52 | Large Cap Blend Equities, Dividend | WNEW.L vs DGRA.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | 0.46 | 0.52 | 0.58 | 58 | Global Equities, Dividend | WNEW.L vs GGRG.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | 0.48 | 0.55 | 0.60 | 63 | Global Equities, Dividend | WNEW.L vs GGRP.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WNEW.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WNEW.L and solid risk/return profiles. The least correlated is Tritax Big Box REIT plc (BBOX.L) (Real Estate) with a 1Y correlation of 0.36, down from 0.47 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tritax Big Box REIT plc | 0.36 | 0.47 | — | 63 | Real Estate |
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