Looking to diversify beyond HASCX? The mutual funds below have the lowest correlation with HASCX — 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 HASCX.
Best Diversifiers for HASCX
1 mutual funds have low correlation with HASCX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Core Fund (QISCX) (Small Cap Blend Equities) with a 1Y correlation of 0.27, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Core Fund | 0.27 | 0.61 | 0.76 | 62 | Small Cap Blend Equities | HASCX vs QISCX | |
| Harbor Convertible Securities Fund | 0.67 | 0.73 | 0.78 | 88 | Convertible Bonds | HASCX vs HICSX | |
| Harbor Overseas Fund | 0.68 | 0.67 | 0.71 | 65 | Foreign Large Cap Equities | HASCX vs HAONX | |
| John Hancock Variable Insurance Trust Small Cap In... | 0.69 | 0.80 | 0.87 | 86 | Small Cap Blend Equities | HASCX vs JESIX | |
| Auer Growth Fund | 0.71 | 0.76 | 0.80 | 86 | Small Cap Blend Equities | HASCX vs AUERX |
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