Looking to diversify beyond WSML.L? The ETFs below have the lowest correlation with WSML.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 WSML.L.
Best Diversifiers for WSML.L
4 ETFs have low correlation with WSML.L (below 0.3), 2 of which are negatively correlated. The least correlated is Invesco Bloomberg Commodity UCITS ETF (CMOD.L) (Commodities) with a 1Y correlation of -0.12, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Bloomberg Commodity UCITS ETF | -0.12 | 0.13 | 0.24 | 72 | Commodities | WSML.L vs CMOD.L | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.11 | 0.25 | — | 55 | Energy Equities | WSML.L vs WENS.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.16 | 0.37 | 0.48 | 53 | Utilities Equities, Global Equities | WSML.L vs INFR.L | |
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | 0.24 | 0.14 | 0.09 | 87 | Government Bonds, Short-Term Bond | WSML.L vs IBTA.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.34 | 0.55 | 0.58 | 87 | Global Equities, Dividend | WSML.L vs TDGB.L |
See all 63 diversifiers for WSML.L
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