Looking to diversify beyond WREE.L? The ETFs below have the lowest correlation with WREE.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 WREE.L.
Best Diversifiers for WREE.L
2 ETFs have low correlation with WREE.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.17, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.17 | 0.32 | 0.32 | 91 | Global Equities, Dividend | WREE.L vs TDGB.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.28 | — | — | 55 | Financials Equities | WREE.L vs BNKE.L | |
| iShares Core MSCI Japan IMI UCITS ETF | 0.33 | 0.36 | 0.36 | 60 | Japan Equities | WREE.L vs SJPA.L | |
| Franklin FTSE Korea UCITS ETF | 0.36 | — | — | 97 | Asia Pacific Equities | WREE.L vs FLRK.L | |
| Xtrackers Stoxx Global Select Dividend 100 Swap UC... | 0.37 | — | — | 95 | Global Equity Income | WREE.L vs XGSD.L |
See all 21 diversifiers for WREE.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WREE.L
Add WREE.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WREE.L