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Hodges Small Intrinsic Value Fund (HDSVX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund employs a value strategy and invests, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in common and preferred stocks of small capitalization ("small cap") companies. The adviser defines small cap companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell 2000 Value Index.

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

Best Diversifiers for HDSVX

0 mutual funds have low correlation with HDSVX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.42, down from 0.60 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
AVALX
Aegis Value Fund0.420.510.60
94
Small Cap Value EquitiesHDSVX vs AVALX
HDPBX
Hodges Blue Chip Equity Income Fund0.650.680.75
51
Large Cap Blend EquitiesHDSVX vs HDPBX
BRSIX
Bridgeway Ultra Small Company Market Fund0.750.800.81
79
Small Cap Value EquitiesHDSVX vs BRSIX
HDPMX
Hodges Fund0.760.810.85
70
Mid Cap Blend EquitiesHDSVX vs HDPMX
TASCX
Third Avenue Small Cap Value Fund0.800.770.81
77
Small Cap Value EquitiesHDSVX vs TASCX
See all 23 diversifiers for HDSVX

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