Looking to diversify beyond HPJS.L? The ETFs below have the lowest correlation with HPJS.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 HPJS.L.
Best Diversifiers for HPJS.L
0 ETFs have low correlation with HPJS.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L) (Japan Equities) with a 1Y correlation of 0.37, up from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.37 | 0.27 | — | 97 | Japan Equities | HPJS.L vs JRIE.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.44 | 0.46 | 0.44 | 55 | Europe Equities | HPJS.L vs HUKX.L | |
| HSBC MSCI USA UCITS ETF | 0.45 | 0.47 | — | 61 | Large Cap Blend Equities | HPJS.L vs HMUD.L | |
| HSBC S&P 500 UCITS ETF | 0.51 | 0.50 | — | 82 | S&P 500 | HPJS.L vs HSPX.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.53 | 0.51 | — | 97 | Semiconductors, Technology Equities | HPJS.L vs HNSS.L |
See all 36 diversifiers for HPJS.L
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