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Looking to diversify beyond FHKAX? The mutual funds below have the lowest correlation with FHKAX — 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 FHKAX.

Best Diversifiers for FHKAX

0 mutual funds have low correlation with FHKAX (below 0.3), 0 of which are negatively correlated. The least correlated is Morgan Stanley China A Share Fund (CAF) (China Equities) with a 1Y correlation of 0.56, down from 0.67 over 5 years.


See all 18 diversifiers for FHKAX

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Diversification Analysis

Build a portfolio that complements FHKAX

Add FHKAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FHKAX