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 0.38, roughly unchanged from 0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.38 | 0.40 | — | 97 | Semiconductors, Technology Equities | HSJP.L vs HNSS.L | |
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.40 | 0.28 | — | 97 | Japan Equities | HSJP.L vs JRIE.L | |
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.41 | 0.40 | 0.43 | 86 | Emerging Markets Equities | HSJP.L vs HMEF.L | |
| Franklin S&P 500 Paris Aligned Climate UCITS ETF | 0.43 | 0.43 | 0.49 | 61 | S&P 500 | HSJP.L vs 500P.L | |
| HSBC S&P 500 UCITS ETF | 0.45 | 0.43 | 0.49 | 82 | S&P 500 | HSJP.L vs HSPX.L |
See all 30 diversifiers for HSJP.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HSJP.L
Add HSJP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HSJP.L