Looking to diversify beyond HSEP.L? The ETFs below have the lowest correlation with HSEP.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 HSEP.L.
Best Diversifiers for HSEP.L
0 ETFs have low correlation with HSEP.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) (Europe Equities) with a 1Y correlation of 0.40, up from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.40 | 0.29 | 0.29 | 99 | Europe Equities | HSEP.L vs JRDZ.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.43 | 0.46 | 0.51 | 97 | Semiconductors, Technology Equities | HSEP.L vs HNSS.L | |
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.52 | 0.54 | 0.53 | 86 | Emerging Markets Equities | HSEP.L vs HMEF.L | |
| HSBC S&P 500 UCITS ETF | 0.54 | 0.48 | 0.58 | 82 | S&P 500 | HSEP.L vs HSPX.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.55 | 0.56 | 0.57 | 61 | Europe Equities | HSEP.L vs SPOL.L |
See all 24 diversifiers for HSEP.L
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