Looking to diversify beyond HPAE.DE? The ETFs below have the lowest correlation with HPAE.DE — 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 HPAE.DE.
Best Diversifiers for HPAE.DE
0 ETFs have low correlation with HPAE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI AC Far East ex Japan UCITS ETF USD (H411.DE) (Asia Pacific Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.53 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC MSCI AC Far East ex Japan UCITS ETF USD | 0.52 | 0.53 | — | 74 | Asia Pacific Equities | HPAE.DE vs H411.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.53 | 0.53 | — | 55 | Europe Equities | HPAE.DE vs IBCJ.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.55 | 0.66 | — | 55 | Europe Equities | HPAE.DE vs ELFC.DE | |
| HSBC MSCI Emerging Markets Value ESG UCITS ETF USD... | 0.58 | 0.56 | — | 94 | Emerging Markets Equities | HPAE.DE vs H41E.DE | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc) | 0.59 | 0.58 | 0.55 | 86 | Emerging Markets Equities | HPAE.DE vs H4Z3.DE |
See all 18 diversifiers for HPAE.DE
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