Looking to diversify beyond WRDA.L? The ETFs below have the lowest correlation with WRDA.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 WRDA.L.
Best Diversifiers for WRDA.L
8 ETFs have low correlation with WRDA.L (below 0.3), 6 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.15 | — | — | 72 | Commodities | WRDA.L vs UC15.L | |
| UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged t... | -0.14 | — | — | 81 | Commodities | WRDA.L vs UC90.L | |
| UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF... | -0.12 | — | — | 78 | Commodities | WRDA.L vs UD06.L | |
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.09 | — | — | 74 | Commodities | WRDA.L vs UD07.L | |
| UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (hed... | -0.06 | — | — | 90 | Commodities | WRDA.L vs UD08.L |
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