Looking to diversify beyond DIVHX? The mutual funds below have the lowest correlation with DIVHX — 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 DIVHX.
Best Diversifiers for DIVHX
0 mutual funds have low correlation with DIVHX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.59, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.59 | 0.64 | 0.74 | 80 | Large Cap Value Equities | DIVHX vs SVAIX | |
| BNY Mellon Equity Income Fund | 0.62 | 0.73 | 0.83 | 89 | Large Cap Value Equities | DIVHX vs DQIRX | |
| Thompson LargeCap Fund | 0.69 | 0.79 | 0.84 | 89 | Large Cap Value Equities | DIVHX vs THPGX | |
| Neiman Large Cap Value Fund | 0.70 | 0.79 | 0.87 | 94 | Large Cap Value Equities | DIVHX vs NEIMX | |
| Al Frank Fund | 0.71 | 0.82 | 0.88 | 96 | Large Cap Value Equities | DIVHX vs VALAX |
See all 25 diversifiers for DIVHX
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