Looking to diversify beyond GOLB.L? The ETFs below have the lowest correlation with GOLB.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 GOLB.L.
Best Diversifiers for GOLB.L
0 ETFs have low correlation with GOLB.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) (Rare Earth & Strategic Metals) with a 1Y correlation of 0.53, up from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.53 | 0.39 | 0.36 | 89 | Rare Earth & Strategic Metals | GOLB.L vs REGB.L |
Diversification Analysis
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