Looking to diversify beyond HMCT.L? The ETFs below have the lowest correlation with HMCT.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 HMCT.L.
Best Diversifiers for HMCT.L
0 ETFs have low correlation with HMCT.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC S&P 500 UCITS ETF (HSPX.L) (S&P 500) with a 1Y correlation of 0.33, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC S&P 500 UCITS ETF | 0.33 | 0.23 | 0.28 | 82 | S&P 500 | HMCT.L vs HSPX.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.35 | 0.22 | — | 97 | Semiconductors, Technology Equities | HMCT.L vs HNSS.L | |
| HSBC MSCI USA UCITS ETF | 0.38 | 0.26 | 0.30 | 61 | Large Cap Blend Equities | HMCT.L vs HMUD.L | |
| HSBC MSCI World UCITS ETF | 0.38 | 0.29 | 0.34 | 78 | Global Equities | HMCT.L vs HMWO.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.42 | 0.36 | 0.38 | 55 | Europe Equities | HMCT.L vs HUKX.L |
See all 23 diversifiers for HMCT.L
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