Looking to diversify beyond 3119.HK? The ETFs below have the lowest correlation with 3119.HK — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from 3119.HK.
Best Diversifiers for 3119.HK
0 ETFs have low correlation with 3119.HK (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Hang Seng High Dividend Yield ETF (3110.HK) (China Equities) with a 1Y correlation of 0.34, roughly unchanged from 0.38 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Hang Seng High Dividend Yield ETF | 0.34 | 0.38 | — | 66 | China Equities | 3119.HK vs 3110.HK | |
| Global X China Semiconductor ETF | 0.62 | 0.50 | — | 88 | China Equities, Semiconductors | 3119.HK vs 3191.HK |
Diversification Analysis
Build a portfolio that complements 3119.HK
Add 3119.HK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 3119.HK