Looking to diversify beyond FGLS.L? The ETFs below have the lowest correlation with FGLS.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 FGLS.L.
Best Diversifiers for FGLS.L
1 ETFs have low correlation with FGLS.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF USD (Dist) (INFR.L) (Utilities Equities) with a 1Y correlation of 0.11, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.11 | 0.33 | 0.46 | 53 | Utilities Equities, Global Equities | FGLS.L vs INFR.L | |
| Fidelity Sustainable USD EM Bond UCITS ETF Inc | 0.37 | 0.37 | 0.28 | 68 | Emerging Markets Bonds, ESG | FGLS.L vs FSEM.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.40 | 0.50 | 0.60 | 87 | Global Equities, Dividend | FGLS.L vs TDGB.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.56 | 0.55 | 0.60 | 66 | Alternative Energy Equities, Global Equities | FGLS.L vs CHRG.L | |
| Fidelity US Quality Income ETF Acc | 0.58 | 0.79 | 0.85 | 75 | Large Cap Blend Equities, Dividend | FGLS.L vs FUQA.L |
See all 27 diversifiers for FGLS.L
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