Looking to diversify beyond HMAF.L? The ETFs below have the lowest correlation with HMAF.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 HMAF.L.
Best Diversifiers for HMAF.L
0 ETFs have low correlation with HMAF.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC FTSE 100 UCITS ETF GBP (HUKX.L) (Europe Equities) with a 1Y correlation of 0.33, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC FTSE 100 UCITS ETF GBP | 0.33 | 0.41 | 0.43 | 69 | Europe Equities | HMAF.L vs HUKX.L | |
| HSBC MSCI USA UCITS ETF | 0.45 | 0.46 | 0.45 | 70 | Large Cap Blend Equities | HMAF.L vs HMUD.L | |
| iShares Asia Pacific Dividend UCITS | 0.45 | 0.58 | 0.57 | 90 | Asia Pacific Equities | HMAF.L vs IAPD.L | |
| iShares Asia Pacific Dividend UCITS | 0.47 | 0.57 | 0.55 | 84 | Asia Pacific Equities | HMAF.L vs IDAP.L | |
| L&G Japan Equity UCITS ETF | 0.50 | 0.42 | 0.43 | 70 | Japan Equities, Asia Pacific Equities | HMAF.L vs LGJG.L |
See all 37 diversifiers for HMAF.L
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