Looking to diversify beyond GILG.L? The ETFs below have historically moved differently from GILG.L, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GILG.L
5 ETFs have low correlation with GILG.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P 500 UCITS ETF (CSP1.L) (S&P 500) with a 1Y correlation of 0.16, up from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 UCITS ETF | 0.16 | 0.06 | 0.02 | 72 | S&P 500 | GILG.L vs CSP1.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.20 | 0.10 | 0.04 | 78 | Global Equities | GILG.L vs SWDA.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | 0.20 | 0.11 | 0.05 | 64 | Global Equities | GILG.L vs ISAC.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.22 | 0.11 | 0.06 | 62 | Global Equities | GILG.L vs IWDA.L | |
| iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 0.28 | 0.39 | 0.45 | 63 | Inflation-Protected Bonds | GILG.L vs TI5G.L |
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