Looking to diversify beyond GLTS.L? The ETFs below have the lowest correlation with GLTS.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 GLTS.L.
Best Diversifiers for GLTS.L
4 ETFs have low correlation with GLTS.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) (Technology Equities) with a 1Y correlation of 0.12, up from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.12 | 0.04 | 0.01 | 75 | Technology Equities | GLTS.L vs XLKQ.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.21 | 0.17 | 0.05 | 71 | Small Cap Value Equities | GLTS.L vs USSC.L | |
| SPDR S&P 500 UCITS ETF | 0.22 | 0.09 | 0.02 | 81 | S&P 500 | GLTS.L vs SPX5.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.24 | 0.11 | 0.03 | 74 | S&P 500 | GLTS.L vs SPY5.L | |
| SPDR MSCI World UCITS ETF | 0.31 | 0.16 | 0.07 | 67 | Large Cap Growth Equities | GLTS.L vs SWRD.L |
See all 9 diversifiers for GLTS.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GLTS.L
Add GLTS.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GLTS.L