Looking to diversify beyond GIL5.L? The ETFs below have the lowest correlation with GIL5.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 GIL5.L.
Best Diversifiers for GIL5.L
10 ETFs have low correlation with GIL5.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares Broad USD High Yield Corporate Bond UCITS ETF USD (Dist) (HYUS.L) (High Yield Bonds) with a 1Y correlation of -0.01, down from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Broad USD High Yield Corporate Bond UCITS ... | -0.01 | 0.13 | — | 61 | High Yield Bonds | GIL5.L vs HYUS.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.03 | 0.05 | -0.01 | 82 | S&P 500 | GIL5.L vs 500G.L | |
| Amundi Nasdaq-100 UCITS USD | 0.07 | 0.06 | 0.03 | 76 | Nasdaq-100 | GIL5.L vs ANXU.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.12 | 0.08 | 0.01 | 75 | S&P 500 | GIL5.L vs 500U.L | |
| Lyxor MSCI All Country World UCITS ETF | 0.13 | 0.01 | 0.00 | 87 | Global Equities | GIL5.L vs ACWL.L |
See all 11 diversifiers for GIL5.L
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Diversification Analysis
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