Looking to diversify beyond GBSS.L? The ETFs below have the lowest correlation with GBSS.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 GBSS.L.
Best Diversifiers for GBSS.L
3 ETFs have low correlation with GBSS.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L) (Technology Equities) with a 1Y correlation of 0.12, up from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.12 | 0.03 | -0.00 | 91 | Technology Equities | GBSS.L vs INTL.L | |
| WisdomTree NASDAQ 100 3x Daily Leveraged | 0.13 | -0.01 | -0.08 | 70 | Nasdaq-100, Leveraged Equities | GBSS.L vs QQQ3.L | |
| WisdomTree S&P 500 3x Daily Leveraged GB | 0.25 | 0.12 | 0.08 | 64 | Leveraged Equities, S&P 500 | GBSS.L vs 3USL.L | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.37 | 0.21 | — | 90 | Precious Metals | GBSS.L vs REGB.L | |
| Global X Silver Miners UCITS ETF USD Accumulating | 0.71 | 0.59 | — | 55 | Silver, Commodity Producers Equities, Precious Metals | GBSS.L vs SILG.L |
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