Looking to diversify beyond GCVG.L? The ETFs below have the lowest correlation with GCVG.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 GCVG.L.
Best Diversifiers for GCVG.L
1 ETFs have low correlation with GCVG.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of 0.06, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.06 | 0.01 | 0.07 | 98 | Ultrashort Bond | GCVG.L vs ERNS.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.41 | 0.51 | — | 71 | Small Cap Value Equities | GCVG.L vs USSC.L | |
| iShares Edge MSCI Europe Value Factor UCITS ETF | 0.49 | 0.47 | — | 77 | Europe Equities | GCVG.L vs IEFV.L | |
| SPDR S&P 500 UCITS ETF | 0.57 | 0.57 | 0.60 | 81 | S&P 500 | GCVG.L vs SPX5.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.57 | 0.59 | — | 74 | S&P 500 | GCVG.L vs SPY5.L |
See all 13 diversifiers for GCVG.L
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