Looking to diversify beyond HGGA.DE? The ETFs below have the lowest correlation with HGGA.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 HGGA.DE.
Best Diversifiers for HGGA.DE
7 ETFs have low correlation with HGGA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI Emerging Markets UCITS ETF USD (H410.DE) (Asia Pacific Equities) with a 1Y correlation of 0.02, roughly unchanged from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.02 | 0.01 | — | 85 | Asia Pacific Equities | HGGA.DE vs H410.DE | |
| HSBC MSCI Emerging Markets Value ESG UCITS ETF USD... | 0.02 | 0.01 | — | 94 | Emerging Markets Equities | HGGA.DE vs H41E.DE | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc) | 0.02 | 0.01 | — | 86 | Emerging Markets Equities | HGGA.DE vs H4Z3.DE | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USD | 0.03 | -0.02 | — | 74 | Asia Pacific Equities | HGGA.DE vs H411.DE | |
| HSBC MSCI World UCITS ETF USD (Acc) | 0.18 | 0.17 | — | 70 | Global Equities | HGGA.DE vs H4ZY.DE |
See all 7 diversifiers for HGGA.DE
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