Looking to diversify beyond HNSS.L? The ETFs below have the lowest correlation with HNSS.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 HNSS.L.
Best Diversifiers for HNSS.L
1 ETFs have low correlation with HNSS.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 0.28, roughly unchanged from 0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC FTSE 100 UCITS ETF GBP | 0.28 | 0.34 | — | 53 | Europe Equities | HNSS.L vs HUKX.L | |
| HSBC MSCI CHINA A UCITS ETF | 0.36 | 0.20 | — | 79 | China Equities | HNSS.L vs HMCA.L | |
| HSBC MSCI CHINA A UCITS ETF | 0.43 | 0.28 | — | 74 | China Equities | HNSS.L vs HMCT.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.45 | 0.42 | — | 90 | Technology Equities | HNSS.L vs KARP.L | |
| HSBC MSCI Japan UCITS ETF USD | 0.46 | 0.47 | — | 58 | Japan Equities | HNSS.L vs HMJP.L |
See all 74 diversifiers for HNSS.L
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