Looking to diversify beyond GXLC.L? The ETFs below have the lowest correlation with GXLC.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 GXLC.L.
Best Diversifiers for GXLC.L
1 ETFs have low correlation with GXLC.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) (Small Cap Value Equities) with a 1Y correlation of 0.23, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.23 | 0.39 | 0.48 | 75 | Small Cap Value Equities | GXLC.L vs USSC.L | |
| SPDR MSCI ACWI IMI | 0.46 | 0.58 | 0.66 | 75 | Global Equities | GXLC.L vs IMID.L | |
| SPDR MSCI World UCITS ETF | 0.47 | 0.61 | 0.68 | 69 | Large Cap Growth Equities | GXLC.L vs SWRD.L | |
| SPDR MSCI ACWI UCITS ETF | 0.49 | 0.64 | 0.72 | 86 | Global Equities | GXLC.L vs ACWI.L | |
| SPDR MSCI All Country World UCITS ETF | 0.51 | 0.63 | 0.71 | 73 | Global Equities | GXLC.L vs ACWD.L |
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