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
1 ETFs have low correlation with HSWO.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF USD (Dist) (INFR.L) (Utilities Equities) with a 1Y correlation of 0.18, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.18 | 0.37 | 0.48 | 78 | Utilities Equities, Global Equities | HSWO.L vs INFR.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.43 | 0.52 | 0.61 | 94 | Global Equities, Dividend | HSWO.L vs TDGB.L | |
| HSBC FTSE EPRA/NAREIT Developed UCITS ETF | 0.47 | 0.52 | 0.60 | 61 | REIT | HSWO.L vs HPRO.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.49 | 0.50 | 0.55 | 82 | Lithium & Battery Metals, Alternative Energy Equities, Global Equities | HSWO.L vs CHRG.L | |
| L&G Battery Value-Chain UCITS ETF | 0.53 | 0.57 | 0.62 | 93 | Lithium & Battery Metals, Alternative Energy Equities, Global Equities | HSWO.L vs BATG.L |
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