Looking to diversify beyond GPSA.L? The ETFs below have the lowest correlation with GPSA.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 GPSA.L.
Best Diversifiers for GPSA.L
2 ETFs have low correlation with GPSA.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L) (Large Cap Blend Equities) with a 1Y correlation of 0.16, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.16 | 0.38 | 0.54 | 69 | Large Cap Blend Equities, Dividend | GPSA.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.21 | 0.39 | 0.53 | 53 | Large Cap Blend Equities, Dividend | GPSA.L vs UDVD.L | |
| iShares MSCI Europe ESG Screened UCITS ETF EUR (Ac... | 0.57 | 0.53 | 0.61 | 56 | Europe Equities | GPSA.L vs SAEU.L | |
| iShares MSCI EM IMI ESG Screened UCITS ETF USD (Ac... | 0.62 | 0.55 | 0.56 | 85 | Emerging Markets Equities | GPSA.L vs SEGM.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.62 | 0.54 | 0.56 | 73 | Emerging Markets Equities | GPSA.L vs EIMI.L |
See all 38 diversifiers for GPSA.L
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