Looking to diversify beyond HDQVX? The mutual funds below have historically moved differently from HDQVX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for HDQVX
1 mutual funds have low correlation with HDQVX (below 0.3), 0 of which are negatively correlated. The least correlated is NXG Cushing® Midstream Energy Fund (SRV) (Energy Equities) with a 1Y correlation of 0.04, down from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NXG Cushing® Midstream Energy Fund | 0.04 | 0.18 | 0.29 | 58 | Energy Equities | HDQVX vs SRV | |
| Eaton Vance Tax-Managed Global Diversified Equity ... | 0.69 | 0.69 | 0.72 | 57 | Dividend, Global Equity Income | HDQVX vs EXG | |
| Janus Henderson Global Equity Income Fund Class T | 0.87 | 0.88 | 0.91 | 86 | Global Equity Income | HDQVX vs HFQTX | |
| Janus Henderson International Dividend Fund Class ... | 1.00 | 1.00 | 1.00 | 75 | Global Equity Income | HDQVX vs HDDVX |
Diversification Analysis
Build a portfolio that complements HDQVX
Add HDQVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HDQVX