Looking to diversify beyond GLAD.L? The ETFs below have the lowest correlation with GLAD.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 GLAD.L.
Best Diversifiers for GLAD.L
4 ETFs have low correlation with GLAD.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.12 | 0.11 | 0.18 | 100 | Government Bonds, Ultrashort Bond | GLAD.L vs IB01.L | |
| SPDR MSCI ACWI UCITS ETF | 0.24 | 0.23 | 0.11 | 85 | Global Equities | GLAD.L vs ACWI.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.29 | 0.24 | 0.14 | 71 | Small Cap Value Equities | GLAD.L vs USSC.L | |
| Invesco Russell 2000 UCITS ETF | 0.30 | 0.23 | 0.15 | 66 | Small Cap Blend Equities | GLAD.L vs RTYS.L | |
| SPDR S&P 500 UCITS ETF | 0.31 | 0.20 | 0.14 | 81 | S&P 500 | GLAD.L vs SPX5.L |
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