Looking to diversify beyond HMUS.L? The ETFs below have the lowest correlation with HMUS.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 HMUS.L.
Best Diversifiers for HMUS.L
0 ETFs have low correlation with HMUS.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI USA ESG UCITS ETF 1D (XZMD.L) (Large Cap Blend Equities) with a 1Y correlation of 0.34, roughly unchanged from 0.36 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA ESG UCITS ETF 1D | 0.34 | 0.36 | — | 94 | Large Cap Blend Equities | HMUS.L vs XZMD.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.44 | 0.42 | 0.46 | 55 | Europe Equities | HMUS.L vs HUKX.L | |
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.51 | 0.49 | 0.48 | 86 | Emerging Markets Equities | HMUS.L vs HMEF.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.55 | 0.64 | — | 97 | Semiconductors, Technology Equities | HMUS.L vs HNSS.L | |
| First Trust US Large Cap Core AlphaDEX UCITS Class... | 0.56 | 0.61 | 0.64 | 93 | Large Cap Blend Equities | HMUS.L vs FEXD.L |
See all 34 diversifiers for HMUS.L
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