Looking to diversify beyond WTEC.L? The ETFs below have the lowest correlation with WTEC.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 WTEC.L.
Best Diversifiers for WTEC.L
0 ETFs have low correlation with WTEC.L (below 0.3), 0 of which are negatively correlated. The least correlated is KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) (Technology Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KraneShares Electric Vehicles & Future Mobility ES... | 0.38 | 0.34 | — | 90 | Technology Equities | WTEC.L vs KARP.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.41 | 0.44 | 0.56 | 75 | Small Cap Value Equities | WTEC.L vs USSC.L | |
| HANetf Digital Infrastructure and Connectivity UCI... | 0.55 | — | — | 56 | Technology Equities | WTEC.L vs PIGI.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.58 | 0.52 | — | 91 | Technology Equities | WTEC.L vs VPNG.L | |
| Amundi MSCI Emerging Markets Asia UCITS ETF USD | 0.60 | 0.52 | 0.51 | 89 | Asia Pacific Equities | WTEC.L vs AASG.L |
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