30 Stocks and 70 ETFs for diversifying GLU (Gabelli Global Utility & Income Trust.)
The least correlated asset to GLU (Gabelli Global Utility & Income Trust.) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.7794.
Stocks that lowly correlated with GLU
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.73 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.67 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.63 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.58 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.58 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.56 |
| WETO | Wetour Robotics Ltd | $11M | Technology | Software - Infrastructure | -0.54 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.53 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.52 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.49 |
| EDHL | Everbright Digital Holding Ltd | $5.88M | Communication Services | Advertising Agencies | -0.48 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.47 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.47 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.47 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.46 |
| CBIO | N/A | $432M | Healthcare | Biotechnology | -0.45 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.44 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $56M | Financial Services | Shell Companies | -0.43 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.43 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.42 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.42 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.42 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.42 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.41 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.41 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.40 |
| IBACR | IB Acquisition Corp | $489K | N/A | N/A | -0.40 |
| LSE | Leishen Energy Holding Co Ltd | $78M | Energy | Oil & Gas Equipment & Services | -0.40 |
| SVCO | Silvaco Group Inc | $336M | Technology | Software - Application | -0.40 |
| OSTX | OS Therapies Inc | $61M | Healthcare | Biotechnology | -0.39 |