Looking to diversify beyond GXLK.L? The ETFs below have the lowest correlation with GXLK.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 GXLK.L.
Best Diversifiers for GXLK.L
3 ETFs have low correlation with GXLK.L (below 0.3), 2 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 -0.13, down from 0.24 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 | -0.13 | 0.11 | 0.24 | 69 | Large Cap Blend Equities, Dividend | GXLK.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | -0.05 | 0.13 | 0.24 | 53 | Large Cap Blend Equities, Dividend | GXLK.L vs UDVD.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.27 | 0.37 | 0.41 | 85 | Small Cap Value Equities | GXLK.L vs USSC.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.33 | 0.31 | — | 93 | Technology Equities | GXLK.L vs KARP.L | |
| HSBC MSCI Korea Capped UCITS ETF USD | 0.54 | 0.50 | 0.47 | 97 | Asia Pacific Equities | GXLK.L vs HKOR.L |
See all 48 diversifiers for GXLK.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GXLK.L
Add GXLK.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GXLK.L