Looking to diversify beyond GDGB.L? The ETFs below have the lowest correlation with GDGB.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 GDGB.L.
Best Diversifiers for GDGB.L
4 ETFs have low correlation with GDGB.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.16, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.16 | 0.17 | 0.19 | 95 | Global Equities, Dividend | GDGB.L vs TDGB.L | |
| VanEck Emerging Markets High Yield Bond UCITS ETF | 0.16 | 0.20 | 0.22 | 64 | High Yield Bonds | GDGB.L vs HYEM.L | |
| VanEck Semiconductor UCITS ETF | 0.29 | 0.15 | 0.15 | 95 | Semiconductors, Technology Equities | GDGB.L vs SMGB.L | |
| VanEck Semiconductor UCITS ETF | 0.29 | 0.15 | 0.15 | 95 | Semiconductors, Technology Equities, ESG, Global Equities | GDGB.L vs SMH.L | |
| VanEck Space Innovators UCITS ETF | 0.32 | 0.23 | — | 53 | Industrials Equities | GDGB.L vs JEDG.L |
See all 15 diversifiers for GDGB.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GDGB.L
Add GDGB.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GDGB.L