Looking to diversify beyond HSUK.L? The ETFs below have the lowest correlation with HSUK.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 HSUK.L.
Best Diversifiers for HSUK.L
1 ETFs have low correlation with HSUK.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 0.24, roughly unchanged from 0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.24 | 0.28 | — | 97 | Semiconductors, Technology Equities | HSUK.L vs HNSS.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.33 | 0.21 | 0.21 | 99 | Europe Equities | HSUK.L vs JRDZ.L | |
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.39 | 0.43 | 0.42 | 86 | Emerging Markets Equities | HSUK.L vs HMEF.L | |
| HSBC S&P 500 UCITS ETF | 0.40 | 0.36 | 0.44 | 82 | S&P 500 | HSUK.L vs HSPX.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.44 | 0.48 | 0.47 | 61 | Europe Equities | HSUK.L vs SPOL.L |
See all 25 diversifiers for HSUK.L
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