Looking to diversify beyond XMWX.L? The ETFs below have the lowest correlation with XMWX.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 XMWX.L.
Best Diversifiers for XMWX.L
2 ETFs have low correlation with XMWX.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.11 | — | — | 99 | Money Market | XMWX.L vs CSH2.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.14 | 0.09 | 0.09 | 99 | Ultrashort Bond | XMWX.L vs ERNS.L | |
| iShares S&P 500 GBP Hedged UCITS ETF | 0.43 | 0.43 | 0.43 | 66 | S&P 500 | XMWX.L vs IGUS.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.48 | 0.53 | 0.53 | 95 | Global Equities, Dividend | XMWX.L vs TDGB.L | |
| iShares MSCI Europe Information Technology Sector ... | 0.48 | 0.53 | 0.53 | 60 | Technology Equities | XMWX.L vs ESIT.L |
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