Looking to diversify beyond H412.DE? The ETFs below have the lowest correlation with H412.DE — 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 H412.DE.
Best Diversifiers for H412.DE
0 ETFs have low correlation with H412.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.53, down from 0.87 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.53 | 0.81 | 0.87 | 72 | Large Cap Blend Equities | H412.DE vs IBCY.DE | |
| HSBC Emerging Market Sustainable Equity UCITS ETF ... | 0.54 | 0.51 | 0.50 | 68 | Emerging Markets Equities | H412.DE vs H4Z1.DE | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USD | 0.57 | 0.50 | 0.48 | 74 | Asia Pacific Equities | H412.DE vs H411.DE | |
| HSBC MSCI Emerging Markets Value ESG UCITS ETF USD... | 0.59 | 0.54 | — | 94 | Emerging Markets Equities | H412.DE vs H41E.DE | |
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.61 | 0.55 | 0.53 | 85 | Asia Pacific Equities | H412.DE vs H410.DE |
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