Looking to diversify beyond GBRE.L? The ETFs below have the lowest correlation with GBRE.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 GBRE.L.
Best Diversifiers for GBRE.L
3 ETFs have low correlation with GBRE.L (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) (Commodities) with a 1Y correlation of -0.13, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Bloomberg Commodity UCITS ETF Acc | -0.13 | -0.01 | 0.05 | 67 | Commodities | GBRE.L vs CMOP.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.06 | 0.07 | 0.07 | 98 | Ultrashort Bond | GBRE.L vs ERNS.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.10 | 0.17 | 0.32 | 70 | Technology Equities, S&P 500 | GBRE.L vs IITU.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.33 | 0.37 | 0.37 | 74 | S&P 500 | GBRE.L vs SPYL.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.34 | 0.42 | 0.52 | 75 | S&P 500 | GBRE.L vs SPY5.L |
See all 14 diversifiers for GBRE.L
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Diversification Analysis
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