Looking to diversify beyond HSXD.L? The ETFs below have the lowest correlation with HSXD.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 HSXD.L.
Best Diversifiers for HSXD.L
0 ETFs have low correlation with HSXD.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Japan Small Cap UCITS ETF (Dist) (ISJP.L) (Japan Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.45 | 0.45 | 0.51 | 70 | Japan Equities, Asia Pacific Equities | HSXD.L vs ISJP.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.48 | 0.58 | 0.63 | 66 | Europe Equities | HSXD.L vs HUKX.L | |
| iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 0.49 | 0.50 | 0.55 | 59 | Japan Equities | HSXD.L vs IDJP.L | |
| WisdomTree Japan Equity UCITS ETF USD Hedged Acc | 0.49 | 0.43 | 0.48 | 93 | Japan Equities, Asia Pacific Equities | HSXD.L vs DXJA.L | |
| WisdomTree Japan Equity UCITS ETF GBP Hedged | 0.54 | 0.52 | 0.57 | 93 | Japan Equities, Asia Pacific Equities | HSXD.L vs DXJP.L |
See all 24 diversifiers for HSXD.L
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