Looking to diversify beyond GBPC.L? The ETFs below have the lowest correlation with GBPC.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 GBPC.L.
Best Diversifiers for GBPC.L
9 ETFs have low correlation with GBPC.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.37, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.37 | -0.14 | -0.13 | 64 | Commodities | GBPC.L vs BCOG.L | |
| SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF | 0.05 | 0.07 | 0.09 | 57 | European Corporate Bonds | GBPC.L vs SEUC.L | |
| L&G Artificial Intelligence UCITS ETF | 0.18 | 0.17 | 0.14 | 82 | Technology Equities | GBPC.L vs AIAG.L | |
| L&G US Equity UCITS ETF | 0.19 | 0.15 | 0.11 | 78 | Large Cap Blend Equities | GBPC.L vs LGUG.L | |
| L&G Russell 2000 US Small Cap UCITS ETF | 0.22 | 0.23 | 0.18 | 75 | Small Cap Blend Equities | GBPC.L vs RTWP.L |
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