Looking to diversify beyond SGLD.L? The ETFs below have the lowest correlation with SGLD.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 SGLD.L.
Best Diversifiers for SGLD.L
6 ETFs have low correlation with SGLD.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) (Technology Equities) with a 1Y correlation of 0.16, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.16 | 0.09 | 0.09 | 60 | Technology Equities | SGLD.L vs XLKQ.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.18 | — | — | 88 | Global Equities | SGLD.L vs FWRG.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.21 | 0.11 | 0.11 | 76 | Nasdaq-100 | SGLD.L vs EQQQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.22 | 0.07 | 0.01 | 64 | Nasdaq-100 | SGLD.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.22 | 0.11 | 0.12 | 52 | Technology Equities | SGLD.L vs XLKS.L |
See all 10 diversifiers for SGLD.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SGLD.L
Add SGLD.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SGLD.L