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Looking to balance out your exposure to HGT.L? The ETFs below have the lowest correlation with HGT.L — they tend to move on their own, which can help reduce risk when HGT.L drops. The stock ideas table highlights individual companies that behave independently from HGT.L.

Best Diversifiers for HGT.L

2 ETFs have low correlation with HGT.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P 500 UCITS ETF (CSP1.L) (S&P 500) with a 1Y correlation of 0.28, roughly unchanged from 0.31 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
iShares Core S&P 500 UCITS ETF0.280.270.31
83
S&P 500HGT.L vs CSP1.L
iShares S&P 500 UCITS Dist0.280.270.31
84
S&P 500HGT.L vs IUSA.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from HGT.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HGT.L and solid risk/return profiles. The least correlated is Allianz Technology Trust plc (ATT.L) (Financial Services) with a 1Y correlation of 0.27, roughly unchanged from 0.35 over 5 years.


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Diversification Analysis

Build a portfolio that complements HGT.L

Add HGT.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with HGT.L