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HCM Tactical Growth Fund (HCMDX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 26, 2026

The investment seeks long-term capital appreciation. The fund adviser seeks to achieve its investment objective through investments in (i) domestic equity securities of any market capitalization, (ii) investment companies (mutual funds, closed-end funds and ETFs) and (iii) cash and cash equivalents and put and call options. When the fund is out of the market, it invests in cash and cash equivalents and/or put options to hedge the fund’s equities and to reduce volatility. The fund may be invested from 0-100% in cash and cash equivalents and/or put and call options and 0-100% in equities depending on the strength of the trend identified by the HCM-BuyLine.

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

Best Diversifiers for HCMDX

0 mutual funds have low correlation with HCMDX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.54, down from 0.70 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BPTRX
Baron Partners Fund0.540.640.70
52
Large Cap Growth EquitiesHCMDX vs BPTRX
DNVYX
Davis New York Venture Fund Class Y0.640.700.74
79
Large Cap Growth EquitiesHCMDX vs DNVYX
IOLZX
ICON Equity Fund0.660.600.69
83
Large Cap Growth EquitiesHCMDX vs IOLZX
VTMGX
Vanguard Developed Markets Index Fund Admiral Shar...0.700.650.69
52
Foreign Large Cap EquitiesHCMDX vs VTMGX
ADX
Adams Diversified Equity Fund, Inc.0.760.790.84
61
Large Cap Blend EquitiesHCMDX vs ADX
See all 25 diversifiers for HCMDX

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