Looking to diversify beyond GLT5.L? The ETFs below have the lowest correlation with GLT5.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 GLT5.L.
Best Diversifiers for GLT5.L
11 ETFs have low correlation with GLT5.L (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco FTSE All-World UCITS ETF Acc (FWRG.L) (Global Equities) with a 1Y correlation of -0.01, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF Acc | -0.02 | -0.09 | -0.09 | 86 | Global Equities | GLT5.L vs FWRG.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.11 | 0.04 | 0.01 | 73 | Technology Equities | GLT5.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.17 | 0.07 | 0.04 | 78 | Nasdaq-100 | GLT5.L vs EQQQ.L | |
| Invesco S&P 500 UCITS ETF | 0.19 | 0.09 | 0.02 | 83 | S&P 500 | GLT5.L vs SPXP.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.20 | 0.20 | 0.18 | 98 | Ultrashort Bond | GLT5.L vs ERNS.L |
See all 11 diversifiers for GLT5.L
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