Looking to balance out your exposure to HSX.L? The ETFs below have the lowest correlation with HSX.L — they tend to move on their own, which can help reduce risk when HSX.L drops. The stock ideas table highlights individual companies that behave independently from HSX.L.
No Diversifiers Found for HSX.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HSX.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HSX.L and solid risk/return profiles. The least correlated is Samsung Electronics Co. Ltd (SMSN.L) (Technology) with a 1Y correlation of 0.01, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Samsung Electronics Co. Ltd | 0.01 | 0.10 | 0.11 | 99 | Technology | |
| Beazley plc | 0.54 | 0.59 | 0.60 | 75 | Financial Services |
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