Looking to diversify beyond WNRG.L? The ETFs below have the lowest correlation with WNRG.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 WNRG.L.
Best Diversifiers for WNRG.L
24 ETFs have low correlation with WNRG.L (below 0.3), 18 of which are negatively correlated. The least correlated is Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) (Global Equities) with a 1Y correlation of -0.22, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 UCITS ETF (GBP Hdg) | -0.22 | 0.09 | 0.22 | 71 | Global Equities | WNRG.L vs G500.L | |
| L&G US Equity UCITS ETF | -0.15 | 0.15 | 0.30 | 69 | Global Equities | WNRG.L vs LGUS.L | |
| Invesco Variable Rate Preferred Shares UCITS ETF U... | -0.15 | 0.08 | 0.19 | 65 | Global Equities | WNRG.L vs VPAC.L | |
| SPDR S&P 500 UCITS ETF USD Acc | -0.13 | — | — | 71 | S&P 500 | WNRG.L vs SPYL.L | |
| State Street SPDR S&P 500 UCITS ETF (Dist) | -0.13 | 0.18 | 0.32 | 71 | S&P 500 | WNRG.L vs SPY5.L |
See all 24 diversifiers for WNRG.L
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