Looking to diversify beyond HSTE.L? The ETFs below have the lowest correlation with HSTE.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 HSTE.L.
Best Diversifiers for HSTE.L
1 ETFs have low correlation with HSTE.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of 0.01, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.01 | -0.02 | 0.02 | 100 | Government Bonds, Ultrashort Bond | HSTE.L vs IB01.L | |
| HSBC MSCI Europe UCITS ETF | 0.32 | 0.36 | 0.36 | 57 | Europe Equities | HSTE.L vs HMEU.L | |
| HSBC Japan Sustainable Equity UCITS ETF USD | 0.32 | 0.30 | 0.33 | 60 | Japan Equities | HSTE.L vs HSJP.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.35 | 0.40 | 0.40 | 71 | Europe Equities | HSTE.L vs HUKX.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.36 | 0.26 | 0.32 | 76 | Nasdaq-100 | HSTE.L vs EQQQ.L |
See all 52 diversifiers for HSTE.L
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