Looking to diversify beyond GLAU.L? The ETFs below have the lowest correlation with GLAU.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 GLAU.L.
Best Diversifiers for GLAU.L
2 ETFs have low correlation with GLAU.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 0.04, up from -0.07 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) | 0.04 | -0.07 | -0.07 | 71 | Currency, Global Bonds, Sovereign Bonds, Short Term Bonds, Multi-Factor | GLAU.L vs FTFX.L | |
| SPDR MSCI ACWI UCITS ETF | 0.24 | 0.23 | 0.09 | 76 | Global Equities | GLAU.L vs ACWI.L | |
| SPDR S&P 500 UCITS ETF | 0.31 | 0.20 | 0.13 | 70 | S&P 500 | GLAU.L vs SPX5.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.32 | 0.29 | 0.17 | 55 | Large Cap Blend Equities, Dividend | GLAU.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.33 | 0.32 | 0.19 | 54 | Large Cap Blend Equities, Dividend | GLAU.L vs UDVD.L |
See all 12 diversifiers for GLAU.L
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Diversification Analysis
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