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), 1 of which are negatively correlated. The least correlated is First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist (FGOV.L) (Global Bonds) with a 1Y correlation of -0.06, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Low Duration Global Government Bond UC... | -0.06 | 0.10 | 0.14 | 73 | Global Bonds | GLAD.L vs FGOV.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.13 | 0.12 | 0.19 | 100 | Government Bonds, Ultrashort Bond | GLAD.L vs IB01.L | |
| SPDR MSCI ACWI UCITS ETF | 0.24 | 0.24 | 0.08 | 89 | Global Equities | GLAD.L vs ACWI.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.28 | 0.27 | 0.17 | 69 | Large Cap Blend Equities, Dividend | GLAD.L vs USDV.L | |
| SPDR S&P 500 UCITS ETF | 0.32 | 0.21 | 0.14 | 82 | S&P 500 | GLAD.L vs SPX5.L |
See all 19 diversifiers for GLAD.L
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Diversification Analysis
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