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
3 ETFs have low correlation with GLAD.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust FactorFX UCITS ETF Class A USD (Acc) (FTFX.L) (Currency) with a 1Y correlation of 0.06, up from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust FactorFX UCITS ETF Class A USD (Acc) | 0.06 | -0.08 | -0.06 | 71 | Currency, Global Bonds, Sovereign Bonds, Short Term Bonds, Multi-Factor | GLAD.L vs FTFX.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.14 | 0.11 | 0.19 | 100 | Government Bonds, Ultrashort Bond | GLAD.L vs IB01.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.27 | 0.27 | 0.17 | 55 | Large Cap Blend Equities, Dividend | GLAD.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.31 | 0.31 | 0.20 | 54 | Large Cap Blend Equities, Dividend | GLAD.L vs UDVD.L | |
| First Trust Low Duration Global Government Bond UC... | 0.31 | 0.29 | 0.32 | 72 | Global Bonds | GLAD.L vs FGOV.L |
See all 20 diversifiers for GLAD.L
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Diversification Analysis
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