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
0 ETFs have low correlation with GXLK.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 0.31, down from 0.46 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 | 0.31 | 0.37 | 0.46 | 75 | Small Cap Value Equities | GXLK.L vs USSC.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.35 | 0.31 | — | 90 | Technology Equities | GXLK.L vs KARP.L | |
| HANetf Digital Infrastructure and Connectivity UCI... | 0.48 | 0.48 | 0.48 | 56 | Technology Equities | GXLK.L vs PIGI.L | |
| HSBC MSCI Korea Capped UCITS ETF USD | 0.53 | 0.50 | — | 97 | Asia Pacific Equities | GXLK.L vs HKOR.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.58 | 0.52 | — | 91 | Technology Equities | GXLK.L vs VPNG.L |
See all 52 diversifiers for GXLK.L
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