Looking to diversify beyond GJGB.L? The ETFs below have the lowest correlation with GJGB.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 GJGB.L.
Best Diversifiers for GJGB.L
4 ETFs have low correlation with GJGB.L (below 0.3), 1 of which are negatively correlated. The least correlated is VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFGB.L) (High Yield Bonds) with a 1Y correlation of -0.08, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Global Fallen Angel High Yield Bond UCITS E... | -0.08 | -0.06 | -0.05 | 57 | High Yield Bonds | GJGB.L vs GFGB.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.11 | 0.20 | 0.21 | 94 | Global Equities, Dividend | GJGB.L vs TDGB.L | |
| VanEck J.P. Morgan EM Local Currency Bond UCITS ET... | 0.25 | 0.19 | 0.14 | 69 | Emerging Markets Bonds | GJGB.L vs EMGB.L | |
| VanEck Semiconductor UCITS ETF | 0.26 | 0.17 | 0.18 | 97 | Semiconductors, Technology Equities | GJGB.L vs SMGB.L | |
| VanEck Space Innovators UCITS ETF | 0.32 | 0.25 | — | 74 | Industrials Equities | GJGB.L vs JEDG.L |
See all 14 diversifiers for GJGB.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GJGB.L
Add GJGB.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GJGB.L