Looking to diversify beyond GLBL.L? The ETFs below have the lowest correlation with GLBL.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 GLBL.L.
Best Diversifiers for GLBL.L
12 ETFs have low correlation with GLBL.L (below 0.3), 0 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 0.03, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Low Duration Global Government Bond UC... | 0.03 | 0.17 | 0.22 | 65 | Global Bonds | GLBL.L vs FGOV.L | |
| iShares MSCI EM UCITS ETF (Acc) | 0.04 | 0.02 | 0.00 | 88 | Emerging Markets Equities | GLBL.L vs SEMA.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.06 | 0.09 | -0.05 | 75 | Small Cap Value Equities | GLBL.L vs USSC.L | |
| SPDR MSCI All Country World UCITS ETF | 0.13 | 0.10 | -0.01 | 73 | Global Equities | GLBL.L vs ACWD.L | |
| SPDR MSCI ACWI IMI | 0.14 | 0.11 | -0.01 | 75 | Global Equities | GLBL.L vs IMID.L |
See all 12 diversifiers for GLBL.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GLBL.L
Add GLBL.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GLBL.L