Looking to diversify beyond GLTA.L? The ETFs below have the lowest correlation with GLTA.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 GLTA.L.
Best Diversifiers for GLTA.L
9 ETFs have low correlation with GLTA.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.01, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.01 | 0.02 | 0.04 | 99 | Money Market | GLTA.L vs CSH2.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.10 | 0.15 | 0.14 | 99 | Ultrashort Bond | GLTA.L vs ERNS.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.14 | 0.08 | — | 81 | Global Equities | GLTA.L vs FWRG.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.15 | 0.08 | 0.04 | 60 | Nasdaq-100 | GLTA.L vs EQQQ.L | |
| Invesco Dow Jones Islamic Global Developed Markets... | 0.24 | 0.15 | — | 67 | Global Equities | GLTA.L vs IGDA.L |
See all 12 diversifiers for GLTA.L
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