Looking to diversify beyond FHLFX? The mutual funds below have the lowest correlation with FHLFX — 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 FHLFX.
Best Diversifiers for FHLFX
0 mutual funds have low correlation with FHLFX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris Foreign Value Fund (QFVOX) (Foreign Large Cap Equities) with a 1Y correlation of 0.48, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris Foreign Value Fund | 0.48 | 0.63 | 0.70 | 78 | Foreign Large Cap Equities | FHLFX vs QFVOX | |
| Fidelity Select Semiconductors Portfolio | 0.57 | 0.56 | 0.61 | 96 | Semiconductors, Technology Equities | FHLFX vs FSELX | |
| Kopernik International Fund | 0.60 | 0.51 | 0.62 | 54 | Foreign Large Cap Equities | FHLFX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.63 | 0.73 | 0.79 | 91 | Foreign Large Cap Equities | FHLFX vs THOIX | |
| PIMCO RAE PLUS International Fund | 0.64 | 0.67 | 0.69 | 75 | Foreign Large Cap Equities | FHLFX vs PTSIX |
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