Looking to diversify beyond HBKS.L? The ETFs below have the lowest correlation with HBKS.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 HBKS.L.
Best Diversifiers for HBKS.L
9 ETFs have low correlation with HBKS.L (below 0.3), 3 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Low Duration Global Government Bond UC... | -0.09 | — | — | 73 | Global Bonds | HBKS.L vs FGOV.L | |
| HSBC MSCI Emerging Markets UCITS ETF USD | -0.05 | — | — | 88 | Emerging Markets Equities | HBKS.L vs HMEF.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | -0.03 | — | — | 92 | Semiconductors, Technology Equities | HBKS.L vs HNSS.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.01 | — | — | 71 | Europe Equities | HBKS.L vs HUKX.L | |
| HSBC MSCI World UCITS ETF | 0.03 | — | — | 65 | Global Equities | HBKS.L vs HMWD.L |
See all 9 diversifiers for HBKS.L
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