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
4 ETFs have low correlation with GBSS.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree US Quality Dividend Growth UCITS ETF USD Acc (DGRA.L) (Large Cap Blend Equities) with a 1Y correlation of 0.15, up from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree US Quality Dividend Growth UCITS ETF US... | 0.15 | 0.03 | -0.00 | 59 | Large Cap Blend Equities, Dividend | GBSS.L vs DGRA.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | 0.21 | 0.12 | 0.07 | 51 | Global Equities, Dividend | GBSS.L vs GGRG.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.21 | 0.06 | 0.02 | 61 | Technology Equities | GBSS.L vs INTL.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | 0.24 | 0.11 | 0.06 | 51 | Global Equities, Dividend | GBSS.L vs GGRP.L |
Diversification Analysis
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