Looking to balance out your exposure to GFL? The ETFs below have the lowest correlation with GFL — they tend to move on their own, which can help reduce risk when GFL drops. The stock ideas table highlights individual companies that behave independently from GFL.
Best Diversifiers for GFL
7 ETFs have low correlation with GFL (below 0.3), 3 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of -0.08, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | -0.08 | 0.14 | 0.33 | 50 | Technology Equities | GFL vs VGT | |
| Invesco QQQ ETF | -0.06 | 0.17 | 0.35 | 53 | Nasdaq-100 | GFL vs QQQ | |
| Fidelity International Value Factor ETF | -0.02 | 0.15 | 0.31 | 82 | Foreign Large Cap Equities | GFL vs FIVA | |
| State Street SPDR S&P 500 ETF | 0.03 | 0.23 | 0.41 | 65 | S&P 500 | GFL vs SPY | |
| Vanguard S&P 500 ETF | 0.03 | 0.23 | 0.41 | 66 | S&P 500 | GFL vs VOO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GFL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GFL and solid risk/return profiles. The least correlated is Astera Labs, Inc. (ALAB) (Technology) with a 1Y correlation of -0.15, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Astera Labs, Inc. | -0.15 | -0.06 | -0.06 | 90 | Technology | |
| Celestica Inc. | -0.14 | 0.06 | 0.19 | 79 | Technology | |
| Lumentum Holdings Inc. | -0.12 | 0.07 | 0.18 | 98 | Technology | |
| Teradyne, Inc. | -0.10 | 0.09 | 0.24 | 96 | Technology | |
| Broadcom Inc. | -0.10 | 0.09 | 0.24 | 67 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GFL
Add GFL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GFL