Looking to diversify beyond GXLV.L? The ETFs below have the lowest correlation with GXLV.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 GXLV.L.
Best Diversifiers for GXLV.L
8 ETFs have low correlation with GXLV.L (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 UCITS ETF (Dist) (SPY5.L) (S&P 500) with a 1Y correlation of 0.15, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 UCITS ETF (Dist) | 0.15 | 0.32 | 0.43 | 70 | S&P 500 | GXLV.L vs SPY5.L | |
| SPDR MSCI All Country World UCITS ETF | 0.16 | 0.31 | 0.43 | 73 | Global Equities | GXLV.L vs ACWD.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.17 | 0.30 | 0.30 | 70 | S&P 500 | GXLV.L vs SPYL.L | |
| SPDR MSCI ACWI UCITS ETF | 0.18 | 0.34 | 0.43 | 88 | Global Equities | GXLV.L vs ACWI.L | |
| State Street SPDR MSCI World UCITS ETF | 0.19 | 0.33 | 0.39 | 69 | Global Equities | GXLV.L vs SWRD.L |
See all 21 diversifiers for GXLV.L
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