Looking to diversify beyond GILE.L? The ETFs below have the lowest correlation with GILE.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 GILE.L.
Best Diversifiers for GILE.L
9 ETFs have low correlation with GILE.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD TIPS 0-5 UCITS ETF USD (Dist) (TIP5.L) (Inflation-Protected Bonds) with a 1Y correlation of -0.09, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD TIPS 0-5 UCITS ETF USD (Dist) | -0.09 | 0.02 | 0.07 | 75 | Inflation-Protected Bonds | GILE.L vs TIP5.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.09 | 0.03 | 0.04 | 70 | Technology Equities, S&P 500 | GILE.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.11 | 0.03 | 0.04 | 68 | Technology Equities, S&P 500 | GILE.L vs IUIT.L | |
| iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 0.17 | 0.36 | 0.38 | 65 | Inflation-Protected Bonds | GILE.L vs TI5G.L | |
| iShares Core S&P 500 UCITS ETF | 0.17 | 0.08 | 0.05 | 82 | S&P 500 | GILE.L vs CSP1.L |
See all 10 diversifiers for GILE.L
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Diversification Analysis
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