Looking to diversify beyond WQDV.L? The ETFs below have the lowest correlation with WQDV.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 WQDV.L.
Best Diversifiers for WQDV.L
2 ETFs have low correlation with WQDV.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) (Government Bonds) with a 1Y correlation of 0.18, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | 0.18 | 0.10 | 0.09 | 92 | Government Bonds, Short-Term Bond | WQDV.L vs IBTA.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.19 | 0.37 | 0.47 | 61 | Utilities Equities, Global Equities | WQDV.L vs INFR.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.32 | 0.33 | 0.40 | 99 | Ultrashort Bond | WQDV.L vs ERNS.L | |
| Scottish Mortgage Investment Trust plc | 0.46 | 0.55 | 0.51 | 62 | Global Equities | WQDV.L vs SMT.L | |
| iShares MSCI EM ex-China UCITS ETF USD (Acc) | 0.48 | 0.54 | — | 85 | Emerging Markets Equities | WQDV.L vs EXCS.L |
See all 42 diversifiers for WQDV.L
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