Looking to diversify beyond HSEF.L? The ETFs below have the lowest correlation with HSEF.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 HSEF.L.
Best Diversifiers for HSEF.L
0 ETFs have low correlation with HSEF.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 0.41, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC FTSE 100 UCITS ETF GBP | 0.41 | 0.48 | 0.48 | 55 | Europe Equities | HSEF.L vs HUKX.L | |
| HSBC MSCI World UCITS ETF | 0.59 | 0.56 | 0.54 | 69 | Global Equities | HSEF.L vs HMWD.L | |
| HSBC S&P 500 UCITS ETF | 0.59 | 0.52 | 0.51 | 82 | S&P 500 | HSEF.L vs HSPX.L | |
| HSBC MSCI USA UCITS ETF | 0.60 | 0.56 | 0.57 | 61 | Large Cap Blend Equities | HSEF.L vs HMUD.L | |
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.60 | 0.72 | 0.73 | 63 | Emerging Markets Equities | HSEF.L vs EMHD.L |
See all 29 diversifiers for HSEF.L
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