Looking to balance out your exposure to GAMA.L? The ETFs below have the lowest correlation with GAMA.L — they tend to move on their own, which can help reduce risk when GAMA.L drops. The stock ideas table highlights individual companies that behave independently from GAMA.L.
Best Diversifiers for GAMA.L
0 ETFs have low correlation with GAMA.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L) (Global Equities) with a 1Y correlation of 0.37, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE All-World UCITS ETF Distributing | 0.37 | 0.31 | 0.32 | 86 | Global Equities | GAMA.L vs VWRL.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GAMA.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GAMA.L and solid risk/return profiles. The least correlated is Next plc (NXT.L) (Consumer Cyclical) with a 1Y correlation of 0.12, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Next plc | 0.12 | 0.21 | 0.23 | 54 | Consumer Cyclical |
Build a portfolio that complements GAMA.L
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