Looking to diversify beyond GLGG.L? The ETFs below have the lowest correlation with GLGG.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 GLGG.L.
Best Diversifiers for GLGG.L
5 ETFs have low correlation with GLGG.L (below 0.3), 3 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.23, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.23 | -0.01 | 0.06 | 65 | Commodities | GLGG.L vs BCOG.L | |
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.23 | -0.00 | — | 63 | Commodities | GLGG.L vs ENCG.L | |
| L&G Longer Dated All Commodities UCITS ETF | -0.18 | 0.03 | 0.08 | 70 | Commodities | GLGG.L vs CMFP.L | |
| L&G China CNY Bond UCITS ETF | 0.26 | 0.20 | 0.26 | 87 | Emerging Markets Bonds | GLGG.L vs DRGN.L | |
| Global X Copper Miners UCITS ETF USD Acc | 0.29 | 0.38 | — | 83 | Commodity Producers Equities | GLGG.L vs COPG.L |
See all 19 diversifiers for GLGG.L
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Diversification Analysis
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