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
1 ETFs have low correlation with WNEW.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Physical Silver (PHSP.L) (Silver) with a 1Y correlation of 0.21, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Physical Silver | 0.21 | 0.15 | 0.14 | 56 | Silver, Precious Metals | WNEW.L vs PHSP.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | 0.46 | 0.51 | 0.60 | 57 | Large Cap Blend Equities, Dividend | WNEW.L vs DGRA.L | |
| WisdomTree NASDAQ 100 3x Daily Leveraged | 0.56 | 0.47 | 0.54 | 69 | Nasdaq-100, Leveraged Equities | WNEW.L vs QQQ3.L | |
| Vanguard FTSE All-World UCITS ETF USD Accumulating | 0.57 | 0.56 | — | 72 | Global Equities | WNEW.L vs VWRA.L | |
| WisdomTree S&P 500 3x Daily Leveraged GB | 0.60 | 0.57 | 0.64 | 65 | Leveraged Equities, S&P 500 | WNEW.L vs 3USL.L |
See all 6 diversifiers for WNEW.L
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