Looking to balance out your exposure to GLNG? The ETFs below have the lowest correlation with GLNG — they tend to move on their own, which can help reduce risk when GLNG drops. The stock ideas table highlights individual companies that behave independently from GLNG.
Best Diversifiers for GLNG
4 ETFs have low correlation with GLNG (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Quality ETF | -0.01 | — | — | 60 | Large Cap Blend Equities | GLNG vs QLTY | |
| State Street SPDR S&P 500 ETF | 0.06 | 0.24 | 0.32 | 70 | S&P 500 | GLNG vs SPY | |
| Vanguard S&P 500 ETF | 0.07 | 0.25 | 0.32 | 70 | S&P 500 | GLNG vs VOO | |
| iShares MSCI Japan Small Cap ETF | 0.07 | 0.17 | 0.23 | 53 | Japan Equities | GLNG vs SCJ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GLNG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GLNG and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.13, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.13 | -0.04 | -0.02 | 92 | Healthcare | |
| The Chefs' Warehouse, Inc. | -0.10 | 0.14 | 0.25 | 62 | Consumer Defensive | |
| Crocs, Inc. | -0.10 | 0.12 | 0.21 | 50 | Consumer Cyclical | |
| Apple Inc | -0.08 | 0.08 | 0.15 | 89 | Technology | |
| Amazon.com, Inc | -0.07 | 0.11 | 0.18 | 60 | Consumer Cyclical |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GLNG
Add GLNG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GLNG