Looking to balance out your exposure to GLU? The ETFs below have the lowest correlation with GLU — they tend to move on their own, which can help reduce risk when GLU drops. The stock ideas table highlights individual companies that behave independently from GLU.
Best Diversifiers for GLU
1 ETFs have low correlation with GLU (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.27, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.27 | 0.30 | 0.38 | 80 | Dividend | GLU vs SCHD | |
| NEOS Nasdaq-100 High Income ETF | 0.31 | — | — | 68 | Nasdaq-100, Derivative Income | GLU vs QQQI | |
| Vanguard S&P 500 ETF | 0.36 | 0.29 | 0.37 | 70 | S&P 500 | GLU vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GLU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GLU and solid risk/return profiles. The least correlated is Trinity Capital Inc. (TRIN) (Financial Services) with a 1Y correlation of 0.13, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Trinity Capital Inc. | 0.13 | 0.11 | 0.14 | 80 | Financial Services | |
| General Motors Company | 0.18 | 0.20 | 0.29 | 87 | Consumer Cyclical | |
| Reaves Utility Income Trust | 0.36 | 0.35 | 0.38 | 78 | Financial Services | |
| Cohen & Steers Infrastructure Fund, Inc | 0.46 | 0.37 | 0.38 | 63 | Financial Services |
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