Looking to diversify beyond G500.L? The ETFs below have the lowest correlation with G500.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 G500.L.
Best Diversifiers for G500.L
7 ETFs have low correlation with G500.L (below 0.3), 3 of which are negatively correlated. The least correlated is State Street SPDR MSCI World Energy UCITS ETF (WNRG.L) (Global Equities) with a 1Y correlation of -0.22, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR MSCI World Energy UCITS ETF | -0.22 | 0.09 | 0.22 | 55 | Global Equities | G500.L vs WNRG.L | |
| L&G All Commodities UCITS ETF - USD Accumulating E... | -0.02 | 0.11 | 0.23 | 59 | Commodities | G500.L vs BCOM.L | |
| PIMCO US Dollar Short Maturity UCITS ETF Instituti... | -0.00 | 0.05 | 0.05 | 100 | Global Equities | G500.L vs MIST.L | |
| PIMCO ETFs PLC - US Dollar Short Maturity UCITS ET... | 0.04 | 0.05 | 0.05 | 99 | Global Equities | G500.L vs MINT.L | |
| PIMCO Sterling Short Maturity UCITS ETF | 0.09 | 0.11 | 0.11 | 99 | Global Equities | G500.L vs QUID.L |
See all 31 diversifiers for G500.L
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