Looking to diversify beyond GLCB.L? The ETFs below have the lowest correlation with GLCB.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 GLCB.L.
Best Diversifiers for GLCB.L
1 ETFs have low correlation with GLCB.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) (Corporate Bonds) with a 1Y correlation of 0.19, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.19 | 0.35 | 0.32 | 97 | Corporate Bonds | GLCB.L vs FLOA.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.36 | 0.44 | 0.45 | 75 | Small Cap Value Equities | GLCB.L vs USSC.L | |
| SPDR MSCI World UCITS ETF | 0.58 | 0.63 | 0.60 | 69 | Large Cap Growth Equities | GLCB.L vs SWRD.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.58 | 0.63 | 0.63 | 74 | S&P 500 | GLCB.L vs SPYL.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.59 | 0.64 | 0.61 | 75 | S&P 500 | GLCB.L vs SPY5.L |
See all 11 diversifiers for GLCB.L
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