Looking to diversify beyond WTEL.L? The ETFs below have the lowest correlation with WTEL.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 WTEL.L.
Best Diversifiers for WTEL.L
0 ETFs have low correlation with WTEL.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) (Small Cap Value Equities) with a 1Y correlation of 0.37, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.37 | 0.43 | 0.55 | 75 | Small Cap Value Equities | WTEL.L vs USSC.L | |
| SPDR MSCI ACWI UCITS ETF | 0.55 | 0.66 | 0.71 | 86 | Global Equities | WTEL.L vs ACWI.L | |
| SPDR S&P 500 UCITS ETF | 0.58 | 0.68 | 0.73 | 83 | S&P 500 | WTEL.L vs SPX5.L | |
| SPDR MSCI World UCITS ETF | 0.60 | 0.67 | 0.73 | 83 | Global Equities | WTEL.L vs SWLD.L | |
| SPDR MSCI All Country World UCITS ETF | 0.64 | 0.71 | 0.78 | 73 | Global Equities | WTEL.L vs ACWD.L |
See all 9 diversifiers for WTEL.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WTEL.L
Add WTEL.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WTEL.L