Looking to diversify beyond GILS.L? The ETFs below have the lowest correlation with GILS.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 GILS.L.
Best Diversifiers for GILS.L
1 ETFs have low correlation with GILS.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) (Global Equities) with a 1Y correlation of 0.27, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Global Research Enhanced Index Equity UCI... | 0.27 | 0.16 | 0.04 | 80 | Global Equities | GILS.L vs JGRE.L | |
| iShares FTSE 100 UCITS ETF | 0.45 | 0.29 | 0.09 | 54 | GILS.L vs CUKX.L |
Diversification Analysis
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