Looking to balance out your exposure to 0517.HK? The ETFs below have the lowest correlation with 0517.HK — they tend to move on their own, which can help reduce risk when 0517.HK drops. The stock ideas table highlights individual companies that behave independently from 0517.HK.
Best Diversifiers for 0517.HK
1 ETFs have low correlation with 0517.HK (below 0.3), 0 of which are negatively correlated. The least correlated is ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (3199.HK) (Emerging Markets Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ICBC CSOP FTSE Chinese Government and Policy Bank ... | 0.17 | 0.13 | 0.10 | 57 | Emerging Markets Bonds | 0517.HK vs 3199.HK |
Diversification Analysis
Build a portfolio that complements 0517.HK
Add 0517.HK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 0517.HK