Looking to diversify beyond HMXJ.L? The ETFs below have the lowest correlation with HMXJ.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 HMXJ.L.
Best Diversifiers for HMXJ.L
0 ETFs have low correlation with HMXJ.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) (Asia Pacific Equities) with a 1Y correlation of 0.34, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Korea UCITS ETF - Acc | 0.34 | 0.47 | 0.51 | 97 | Asia Pacific Equities | HMXJ.L vs KRWL.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.42 | 0.59 | 0.60 | 94 | Asia Pacific Equities | HMXJ.L vs FRQX.L | |
| Xtrackers MSCI Korea UCITS ETF 1C | 0.46 | 0.52 | 0.53 | 97 | Asia Pacific Equities | HMXJ.L vs XKS2.L | |
| HSBC MSCI Korea Capped UCITS ETF USD | 0.46 | 0.51 | 0.53 | 97 | Asia Pacific Equities | HMXJ.L vs HKOR.L | |
| Franklin FTSE Taiwan UCITS ETF | 0.46 | 0.49 | — | 97 | Asia Pacific Equities | HMXJ.L vs FRXT.L |
See all 45 diversifiers for HMXJ.L
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