genedrive plc (GDR.L) Diversifiers

Equity · Currency in GBp · Last updated Jun 6, 2026

genedrive plc, a molecular diagnostics company, engages in developing and commercializing point of need diagnostics platform for infectious diseases, genotyping, pathogen detection, and other indications. The company provides Genedrive system, which incorporates various user-led improvements to its small, patented gene amplification platform for ease of use in time critical situations, and to simplify workflow, as well as for professional use in emergency healthcare settings. Its Genedrive platform offers Genedrive HCV ID Kit, a qualitative molecular solution for Hepatitis C Virus testing; Genedrive BioPlex for targeting various pathogens in the defense applications; Genedrive MT-RNR1-ID Kit, a rapid genetic test in an emergency neonatal care setting; and Genedrive COV19-ID Kit, an innovative rapid point-of care molecular test for COVID-19. It serves medical, biotechnology, and pharmaceutical industries in the United Kingdom, Europe, the United States, and internationally. The company was formerly known as Epistem Holdings plc and changed its name to genedrive plc in July 2016. genedrive plc was founded in 2000 and is headquartered in Manchester, the United Kingdom.

Looking to balance out your exposure to GDR.L? The ETFs below have the lowest correlation with GDR.L — they tend to move on their own, which can help reduce risk when GDR.L drops. The stock ideas table highlights individual companies that behave independently from GDR.L.

No Diversifiers Found for GDR.L

We do not have enough correlation history to rank diversifiers for this symbol yet.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from GDR.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GDR.L and solid risk/return profiles. The least correlated is AstraZeneca plc (AZN.L) (Healthcare) with a 1Y correlation of -0.02, roughly unchanged from 0.01 over 5 years.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Sector
AZN.L	AstraZeneca plc	-0.02	0.01	0.01	77	Healthcare

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