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 SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) (Small Cap Value Equities) with a 1Y correlation of 0.04, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.04 | 0.07 | -0.06 | 85 | Small Cap Value Equities | GLBL.L vs USSC.L | |
| iShares MSCI EM UCITS ETF (Acc) | 0.08 | 0.03 | 0.01 | 88 | Emerging Markets Equities | GLBL.L vs SEMA.L | |
| First Trust Low Duration Global Government Bond UC... | 0.08 | 0.18 | 0.22 | 73 | Global Bonds | GLBL.L vs FGOV.L | |
| SPDR MSCI All Country World UCITS ETF | 0.14 | 0.08 | -0.01 | 70 | Global Equities | GLBL.L vs ACWD.L | |
| State Street SPDR MSCI World UCITS ETF | 0.15 | 0.10 | -0.01 | 66 | Global Equities | GLBL.L vs SWRD.L |
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