Looking to diversify beyond 3191.HK? The ETFs below have the lowest correlation with 3191.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 3191.HK.
Best Diversifiers for 3191.HK
1 ETFs have low correlation with 3191.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 0.29, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Hang Seng High Dividend Yield ETF | 0.29 | 0.37 | 0.32 | 66 | China Equities | 3191.HK vs 3110.HK | |
| Global X Asia Semiconductor ETF | 0.62 | 0.50 | — | 97 | Semiconductors | 3191.HK vs 3119.HK |
Diversification Analysis
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