Venture Global, Inc. (VG) — Stock Correlations & Overview
Over the past year, VG has moved most closely with GUSH, XOP, USAI. Explore the stocks most correlated and inversely correlated with VG below, along with its price, financials, and company profile.
Stocks correlated with VG
Correlation of daily returns. Higher positive values move with VG; negative values move opposite it. Informational only, not investment advice.
Most correlated with VG
| Symbol | Company | Correlation |
|---|---|---|
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | 0.65 |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | 0.65 |
| USAI | Pacer American Energy Infrastructure ETF | 0.62 |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 0.62 |
| FCG | First Trust Natural Gas ETF | 0.61 |
Most inversely correlated with VG
| Symbol | Company | Correlation |
|---|---|---|
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.64 |
| WTID | MicroSectors Energy -3x Inverse Leveraged ETNsCOMMERCIAL BANKS, NEC | -0.59 |
| SCO | ProShares UltraShort Bloomberg Crude OilCOMMODITY CONTRACTS BROKERS & DEALERS | -0.57 |
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.57 |
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.56 |
Frequently asked questions about VG correlations
- Which stocks are most correlated with VG?
- Based on one year of daily returns, the stocks most correlated with Venture Global, Inc. (VG) are GUSH (0.65), XOP (0.65) and USAI (0.62). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with VG?
- Over the past year, the stocks most inversely correlated with Venture Global, Inc. (VG) are DRIP (-0.64), WTID (-0.59) and SCO (-0.57). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these VG correlations calculated?
- We compute the correlation of daily returns between VG and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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