Looking to diversify beyond 3GLE.L? The ETFs below have the lowest correlation with 3GLE.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 3GLE.L.
Best Diversifiers for 3GLE.L
4 ETFs have low correlation with 3GLE.L (below 0.3), 0 of which are negatively correlated. The least correlated is IncomeShares Nasdaq 100 Options (0DTE) ETP (QQQY.L) (Nasdaq-100) with a 1Y correlation of 0.14, roughly unchanged from 0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.14 | 0.06 | — | 71 | Nasdaq-100, Derivative Income | 3GLE.L vs QQQY.L | |
| Leverage Shares 3x Long US Tech 100 ETP Securities | 0.21 | 0.08 | — | 53 | Leveraged Equities | 3GLE.L vs 3QQQ.L | |
| Leverage Shares 4x Long Semiconductors ETP Securit... | 0.23 | 0.14 | — | 97 | Leveraged Equities, Semiconductors | 3GLE.L vs SOXL.L | |
| Leverage Shares 3x Long Semiconductors ETP Securit... | 0.25 | 0.10 | — | 96 | Leveraged Equities, Semiconductors | 3GLE.L vs SMH3.L | |
| iShares MSCI EM Latin America UCITS ETF USD (Dist) | 0.39 | 0.25 | — | 62 | Latin America Equities | 3GLE.L vs LTAM.L |
See all 6 diversifiers for 3GLE.L
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