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
3 ETFs have low correlation with GCVG.L (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L) (Large Cap Blend Equities) with a 1Y correlation of -0.07, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | -0.07 | 0.12 | — | 69 | Large Cap Blend Equities, Dividend | GCVG.L vs USDV.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.07 | 0.02 | 0.07 | 99 | Ultrashort Bond | GCVG.L vs ERNS.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.24 | 0.35 | — | 53 | Large Cap Blend Equities, Dividend | GCVG.L vs UDVD.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.40 | 0.50 | — | 85 | Small Cap Value Equities | GCVG.L vs USSC.L | |
| iShares Edge MSCI Europe Value Factor UCITS ETF | 0.49 | 0.47 | 0.51 | 87 | Europe Equities | GCVG.L vs IEFV.L |
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