Looking to diversify beyond HSPX.L? The ETFs below have the lowest correlation with HSPX.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 HSPX.L.
Best Diversifiers for HSPX.L
1 ETFs have low correlation with HSPX.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI CHINA A UCITS ETF (HMCA.L) (China Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC MSCI CHINA A UCITS ETF | 0.29 | 0.17 | 0.20 | 61 | China Equities, Asia Pacific Equities | HSPX.L vs HMCA.L | |
| HSBC MSCI CHINA A UCITS ETF | 0.30 | 0.17 | 0.20 | 61 | China Equities, Asia Pacific Equities | HSPX.L vs HMCT.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.38 | 0.41 | 0.49 | 66 | Europe Equities | HSPX.L vs HUKX.L | |
| HSBC Japan Sustainable Equity UCITS ETF USD | 0.47 | 0.43 | 0.48 | 66 | Japan Equities, Asia Pacific Equities | HSPX.L vs HSJP.L | |
| HSBC MSCI Korea Capped UCITS ETF USD | 0.49 | 0.48 | 0.47 | 93 | South Korea Equities, Asia Pacific Equities | HSPX.L vs HKOR.L |
See all 70 diversifiers for HSPX.L
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