Looking to diversify beyond HSWO.L? The ETFs below have the lowest correlation with HSWO.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 HSWO.L.
Best Diversifiers for HSWO.L
0 ETFs have low correlation with HSWO.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Battery Solutions UCITS ETF - USD Acc (CHRG.L) (Alternative Energy Equities) with a 1Y correlation of 0.48, roughly unchanged from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.48 | 0.49 | 0.55 | 65 | Alternative Energy Equities, Global Equities | HSWO.L vs CHRG.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.49 | 0.54 | 0.61 | 91 | Global Equities, Dividend | HSWO.L vs TDGB.L | |
| L&G Battery Value-Chain UCITS ETF | 0.53 | 0.56 | 0.62 | 95 | Alternative Energy Equities, Global Equities | HSWO.L vs BATG.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.56 | 0.66 | — | 97 | Semiconductors, Technology Equities | HSWO.L vs HNSS.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.57 | 0.59 | 0.62 | 55 | Europe Equities | HSWO.L vs HUKX.L |
See all 27 diversifiers for HSWO.L
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