Looking to diversify beyond BCHS.L? The ETFs below have the lowest correlation with BCHS.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 BCHS.L.
Best Diversifiers for BCHS.L
1 ETFs have low correlation with BCHS.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI CHINA A UCITS ETF (HMCA.L) (China Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC MSCI CHINA A UCITS ETF | 0.26 | 0.18 | 0.23 | 78 | China Equities | BCHS.L vs HMCA.L | |
| Invesco European Banks Sector UCITS ETF | 0.33 | 0.37 | 0.40 | 56 | Financials Equities | BCHS.L vs X7PP.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.37 | 0.41 | 0.47 | 90 | Technology Equities | BCHS.L vs KARP.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.41 | 0.52 | 0.58 | 75 | Small Cap Value Equities | BCHS.L vs USSC.L | |
| HANetf Digital Infrastructure and Connectivity UCI... | 0.46 | 0.47 | 0.47 | 56 | Technology Equities | BCHS.L vs PIGI.L |
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