Looking to diversify beyond 5HEP.L? The ETFs below have the lowest correlation with 5HEP.L — 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 5HEP.L.
Best Diversifiers for 5HEP.L
0 ETFs have low correlation with 5HEP.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI USA Islamic Screened UCITS ETF USD Accumulating (HIUS.L) (Large Cap Blend Equities) with a 1Y correlation of 0.43, down from 0.56 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC MSCI USA Islamic Screened UCITS ETF USD Accum... | 0.43 | 0.56 | — | 92 | Large Cap Blend Equities | 5HEP.L vs HIUS.L | |
| iShares MSCI USA Islamic UCITS ETF | 0.44 | 0.57 | 0.67 | 90 | Large Cap Blend Equities | 5HEP.L vs ISDU.L | |
| Franklin LibertyQ U.S. Equity UCITS ETF | 0.44 | 0.65 | 0.73 | 75 | Large Cap Blend Equities | 5HEP.L vs FRUE.L | |
| L&G US Equity UCITS ETF | 0.45 | 0.59 | 0.73 | 78 | Large Cap Blend Equities | 5HEP.L vs LGUG.L | |
| Franklin LibertyQ U.S. Equity UCITS ETF | 0.45 | 0.68 | 0.78 | 86 | Large Cap Blend Equities | 5HEP.L vs FLXU.L |
See all 19 diversifiers for 5HEP.L
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