PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

HCM Income Plus Fund (HCMKX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund seeks to achieve its investment objective through investments in ETFs that invest in foreign (including emerging markets) and domestic (i) equity securities of any market capitalization (ii) fixed income securities of any maturity, duration and credit quality (including "junk bonds") (iii) investment companies (mutual funds, closed-end funds and ETFs) and (iv) cash and cash equivalents and put and call options. The adviser maintains the ability to invest a large percentage of the fund's holdings in one asset class of the market.

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

Best Diversifiers for HCMKX

8 mutual funds have low correlation with HCMKX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.03, down from 0.41 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MHELX
MH Elite Small Cap Fund of Funds Fund0.030.130.41
67
Diversified PortfolioHCMKX vs MHELX
FCSRX
Fidelity Advisor Strategic Real Return Fund Class ...0.220.360.42
82
Diversified PortfolioHCMKX vs FCSRX
FSRRX
Fidelity Strategic Real Return Fund0.220.360.42
87
Diversified PortfolioHCMKX vs FSRRX
FSIRX
Fidelity Advisor Strategic Real Return Fund Class ...0.220.350.42
86
Diversified PortfolioHCMKX vs FSIRX
FIQDX
Fidelity Advisor Strategic Real Return Fund Class ...0.230.350.42
88
Diversified PortfolioHCMKX vs FIQDX
See all 27 diversifiers for HCMKX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements HCMKX

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

Analyze a portfolio with HCMKX