Looking to diversify beyond H4ZP.DE? The ETFs below have the lowest correlation with H4ZP.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 H4ZP.DE.
Best Diversifiers for H4ZP.DE
1 ETFs have low correlation with H4ZP.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck New China ESG UCITS ETF A (CEBG.DE) (China Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck New China ESG UCITS ETF A | 0.27 | 0.30 | 0.29 | 52 | China Equities | H4ZP.DE vs CEBG.DE | |
| HSBC MSCI World Small Cap ESG UCITS ETF USD (Acc) | 0.37 | 0.32 | — | 55 | Global Equities | H4ZP.DE vs H41G.DE | |
| HSBC USA Sustainable Equity UCITS ETF USD | 0.38 | 0.27 | 0.29 | 89 | Large Cap Blend Equities | H4ZP.DE vs H412.DE | |
| HSBC S&P 500 UCITS ETF USD | 0.39 | 0.27 | 0.30 | 69 | S&P 500 | H4ZP.DE vs H4ZF.DE | |
| HSBC S&P 500 UCITS ETF USD (Acc) | 0.39 | 0.27 | 0.26 | 69 | S&P 500 | H4ZP.DE vs H4ZN.DE |
See all 18 diversifiers for H4ZP.DE
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