Looking to diversify beyond GLRA.L? The ETFs below have the lowest correlation with GLRA.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 GLRA.L.
Best Diversifiers for GLRA.L
0 ETFs have low correlation with GLRA.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P 500 UCITS ETF (SPX5.L) (S&P 500) with a 1Y correlation of 0.36, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P 500 UCITS ETF | 0.36 | 0.45 | 0.58 | 83 | S&P 500 | GLRA.L vs SPX5.L | |
| SPDR MSCI ACWI UCITS ETF | 0.38 | 0.46 | 0.55 | 86 | Global Equities | GLRA.L vs ACWI.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.40 | 0.43 | 0.48 | 78 | Emerging Markets Equities | GLRA.L vs EIMI.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.41 | 0.50 | 0.63 | 75 | S&P 500 | GLRA.L vs SPY5.L | |
| SPDR MSCI World UCITS ETF | 0.43 | 0.51 | 0.62 | 83 | Global Equities | GLRA.L vs SWLD.L |
See all 14 diversifiers for GLRA.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GLRA.L
Add GLRA.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GLRA.L