Looking to diversify beyond GILI.L? The ETFs below have the lowest correlation with GILI.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 GILI.L.
Best Diversifiers for GILI.L
5 ETFs have low correlation with GILI.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 -0.16, down from 0.06 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) | -0.16 | 0.02 | 0.06 | 75 | Inflation-Protected Bonds | GILI.L vs TIP5.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.02 | 0.00 | 0.02 | 99 | Money Market | GILI.L vs CSH2.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.12 | 0.14 | 0.11 | 98 | Ultrashort Bond | GILI.L vs ERNS.L | |
| iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 0.17 | 0.32 | 0.32 | 65 | Inflation-Protected Bonds | GILI.L vs TI5G.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.22 | 0.18 | 0.06 | 83 | Global Equities | GILI.L vs SWDA.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GILI.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GILI.L and solid risk/return profiles. The least correlated is JP Morgan Global Growth & Income plc (JGGI.L) (Financial Services) with a 1Y correlation of 0.20, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JP Morgan Global Growth & Income plc | 0.20 | 0.16 | 0.07 | 76 | Financial Services |
Build a portfolio that complements GILI.L
Add GILI.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GILI.L