Looking to diversify beyond FHZTX? The mutual funds below have the lowest correlation with FHZTX — 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 FHZTX.
Best Diversifiers for FHZTX
0 mutual funds have low correlation with FHZTX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.63, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.63 | 0.63 | 0.63 | 95 | Large Cap Blend Equities | FHZTX vs SVPFX | |
| Integrity ESG Growth & Income Fund | 0.78 | 0.78 | 0.78 | 88 | Large Cap Blend Equities | FHZTX vs IGIAX | |
| Pin Oak Equity | 0.81 | 0.81 | 0.81 | 91 | Large Cap Blend Equities | FHZTX vs POGSX | |
| Fidelity ZERO International Index Fund | 0.87 | 0.87 | 0.87 | 61 | Foreign Large Cap Equities | FHZTX vs FZILX | |
| Fidelity ZERO Large Cap Index Fund | 0.93 | 0.93 | 0.93 | 61 | Large Cap Blend Equities | FHZTX vs FNILX |
See all 7 diversifiers for FHZTX
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