Looking to diversify beyond GAGG.L? The ETFs below have the lowest correlation with GAGG.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 GAGG.L.
Best Diversifiers for GAGG.L
9 ETFs have low correlation with GAGG.L (below 0.3), 2 of which are negatively correlated. The least correlated is Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) (Financials Equities) with a 1Y correlation of -0.10, up from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | -0.10 | -0.14 | -0.20 | 55 | Financials Equities | GAGG.L vs BNKE.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.01 | 0.01 | -0.01 | 99 | Money Market | GAGG.L vs CSH2.L | |
| First Trust Low Duration Global Government Bond UC... | 0.00 | 0.15 | 0.19 | 65 | Global Bonds | GAGG.L vs FGOV.L | |
| Amundi FTSE 100 UCITS ETF | 0.04 | 0.05 | -0.10 | 55 | Europe Equities | GAGG.L vs 100D.L | |
| Amundi Nasdaq-100 UCITS USD | 0.13 | 0.07 | 0.08 | 76 | Nasdaq-100 | GAGG.L vs ANXU.L |
See all 9 diversifiers for GAGG.L
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Diversification Analysis
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