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
3 ETFs have low correlation with GLRA.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI ACWI UCITS ETF (ACWI.L) (Global Equities) with a 1Y correlation of 0.24, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI ACWI UCITS ETF | 0.24 | 0.39 | 0.45 | 81 | Global Equities | GLRA.L vs ACWI.L | |
| SPDR S&P 500 UCITS ETF | 0.27 | 0.41 | 0.57 | 73 | S&P 500 | GLRA.L vs SPX5.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.27 | 0.37 | 0.46 | 62 | Emerging Markets Equities | GLRA.L vs EIMI.L | |
| Global X Data Center REITS & Digital Infrastructur... | 0.31 | 0.50 | — | 77 | REIT | GLRA.L vs VPN.L | |
| State Street SPDR S&P 500 UCITS ETF (Dist) | 0.33 | 0.47 | 0.62 | 71 | S&P 500 | GLRA.L vs SPY5.L |
See all 16 diversifiers for GLRA.L
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