Looking to diversify beyond HSPS.L? The ETFs below have the lowest correlation with HSPS.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 HSPS.L.
Best Diversifiers for HSPS.L
1 ETFs have low correlation with HSPS.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.03, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.03 | 0.24 | 0.26 | 57 | Energy Equities, S&P 500 | HSPS.L vs IUES.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.43 | 0.44 | 0.45 | 53 | Europe Equities | HSPS.L vs HUKX.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.57 | 0.75 | 0.74 | 76 | S&P 500, Large Cap Value Equities | HSPS.L vs PQVG.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.58 | 0.69 | 0.74 | 68 | S&P 500 | HSPS.L vs BYBG.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.59 | 0.74 | 0.72 | 72 | S&P 500, Large Cap Value Equities | HSPS.L vs PQVM.L |
See all 40 diversifiers for HSPS.L
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