Looking to diversify beyond GLAG.MI? The ETFs below have the lowest correlation with GLAG.MI — 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 GLAG.MI.
Best Diversifiers for GLAG.MI
1 ETFs have low correlation with GLAG.MI (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI World UCITS ETF (SWRD.MI) (Global Equities) with a 1Y correlation of 0.28, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI World UCITS ETF | 0.28 | 0.24 | 0.10 | 71 | Global Equities | GLAG.MI vs SWRD.MI | |
| SPDR S&P Global Dividend Aristocrats UCITS | 0.32 | 0.31 | 0.16 | 52 | Global Equity Income | GLAG.MI vs GLDV.MI | |
| SPDR S&P 500 UCITS ETF | 0.32 | 0.27 | 0.13 | 71 | S&P 500 | GLAG.MI vs SPY5.MI |
Diversification Analysis
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