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HSBC MSCI USA Climate Paris Aligned UCITS ETF USD Acc (HPAU.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

HPAU.DE is a passive ETF by HSBC tracking the investment results of the MSCI USA Climate Paris Aligned. HPAU.DE launched on Aug 3, 2021 and has a 0.12% expense ratio.

Looking to diversify beyond HPAU.DE? The ETFs below have the lowest correlation with HPAU.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 HPAU.DE.

Best Diversifiers for HPAU.DE

0 ETFs have low correlation with HPAU.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.51, down from 0.80 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
IBCY.DE
iShares Edge MSCI USA Multifactor UCITS ETF0.510.80—
72
Large Cap Blend EquitiesHPAU.DE vs IBCY.DE
H411.DE
HSBC MSCI AC Far East ex Japan UCITS ETF USD0.610.53—
74
Asia Pacific EquitiesHPAU.DE vs H411.DE
H41E.DE
HSBC MSCI Emerging Markets Value ESG UCITS ETF USD...0.620.560.54
94
Emerging Markets EquitiesHPAU.DE vs H41E.DE
H410.DE
HSBC MSCI Emerging Markets UCITS ETF USD0.630.57—
85
Asia Pacific EquitiesHPAU.DE vs H410.DE
USUE.DE
UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ...0.640.760.84
66
Large Cap Blend EquitiesHPAU.DE vs USUE.DE
See all 23 diversifiers for HPAU.DE

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Diversification Analysis

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