Looking to diversify beyond GLTL.L? The ETFs below have the lowest correlation with GLTL.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 GLTL.L.
Best Diversifiers for GLTL.L
16 ETFs have low correlation with GLTL.L (below 0.3), 2 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (CMFP.L) (Commodities) with a 1Y correlation of -0.33, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.33 | -0.15 | -0.16 | 69 | Commodities | GLTL.L vs CMFP.L | |
| L&G All Commodities UCITS ETF | -0.30 | -0.12 | -0.14 | 64 | Commodities | GLTL.L vs BCOG.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.07 | 0.02 | 0.00 | 70 | Technology Equities, S&P 500 | GLTL.L vs IITU.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.10 | 0.15 | 0.11 | 98 | Ultrashort Bond | GLTL.L vs ERNS.L | |
| JPMorgan US Research Enhanced Index Equity UCITS E... | 0.16 | 0.09 | 0.00 | 81 | Large Cap Blend Equities | GLTL.L vs JURE.L |
See all 16 diversifiers for GLTL.L
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Diversification Analysis
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