Looking to diversify beyond HSJP.L? The ETFs below have the lowest correlation with HSJP.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 HSJP.L.
Best Diversifiers for HSJP.L
0 ETFs have low correlation with HSJP.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC Nasdaq Global Semiconductor UCITS ETF (HNSS.L) (Semiconductors) with a 1Y correlation of 0.37, roughly unchanged from 0.39 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.37 | 0.39 | — | 89 | Semiconductors, Technology Equities | HSJP.L vs HNSS.L | |
| iShares MSCI AC Far East ex-Japan UCITS ETF | 0.42 | 0.36 | 0.39 | 76 | Japan Equities | HSJP.L vs IDFF.L | |
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.46 | 0.45 | 0.44 | 68 | Europe Equities | HSJP.L vs VUKG.L | |
| HSBC Asia Pacific Ex Japan Screened Equity UCITS E... | 0.46 | 0.41 | 0.44 | 78 | Japan Equities | HSJP.L vs HSXD.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.47 | 0.46 | 0.45 | 66 | Europe Equities | HSJP.L vs HUKX.L |
See all 34 diversifiers for HSJP.L
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