Looking to diversify beyond GBPG.L? The ETFs below have the lowest correlation with GBPG.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 GBPG.L.
Best Diversifiers for GBPG.L
1 ETFs have low correlation with GBPG.L (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GSLC.L) (Large Cap Blend Equities) with a 1Y correlation of 0.18, up from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs ActiveBeta US Large Cap Equity UCITS... | 0.18 | 0.07 | — | 52 | Large Cap Blend Equities | GBPG.L vs GSLC.L | |
| SPDR FTSE UK All Share UCITS ETF | 0.47 | 0.33 | — | 53 | Europe Equities | GBPG.L vs FTAL.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GBPG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GBPG.L and solid risk/return profiles. The least correlated is BH Macro Limited (BHMG.L) (Financial Services) with a 1Y correlation of 0.11, roughly unchanged from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BH Macro Limited | 0.11 | 0.08 | — | 63 | Financial Services |
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