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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Pacific Ex Japan UCITS ETF | 0.35 | — | — | 65 | Asia Pacific Equities | HMAF.L vs PAXJ.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.35 | 0.46 | 0.44 | 55 | Europe Equities | HMAF.L vs HUKX.L | |
| iShares Asia Pacific Dividend UCITS | 0.49 | 0.61 | 0.58 | 93 | Asia Pacific Equities | HMAF.L vs IAPD.L | |
| HSBC MSCI World UCITS ETF | 0.55 | 0.54 | 0.51 | 69 | Global Equities | HMAF.L vs HMWD.L | |
| HSBC S&P 500 UCITS ETF | 0.57 | 0.50 | 0.49 | 82 | S&P 500 | HMAF.L vs HSPX.L |
See all 24 diversifiers for HMAF.L
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Diversification Analysis
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