Looking to diversify beyond HLTH.L? The ETFs below have the lowest correlation with HLTH.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 HLTH.L.
Best Diversifiers for HLTH.L
3 ETFs have low correlation with HLTH.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) (Asia Pacific Equities) with a 1Y correlation of 0.16, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Korea UCITS ETF (Acc) | 0.16 | 0.18 | 0.19 | 97 | Asia Pacific Equities | HLTH.L vs CSKR.L | |
| SPDR S&P 500 UCITS ETF | 0.25 | 0.32 | 0.38 | 83 | S&P 500 | HLTH.L vs SPX5.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.26 | 0.32 | 0.38 | 75 | S&P 500 | HLTH.L vs SPY5.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.32 | 0.27 | 0.30 | 75 | Small Cap Value Equities | HLTH.L vs USSC.L | |
| SPDR MSCI ACWI IMI | 0.34 | 0.39 | 0.42 | 75 | Global Equities | HLTH.L vs IMID.L |
See all 15 diversifiers for HLTH.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HLTH.L
Add HLTH.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HLTH.L