Looking to diversify beyond HEQ? The mutual funds below have the lowest correlation with HEQ — 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 HEQ.
Best Diversifiers for HEQ
2 mutual funds have low correlation with HEQ (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 0.09, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.09 | 0.12 | 0.27 | 70 | Diversified Portfolio | HEQ vs MHELX | |
| Highland Funds I - Highland Opportunities and Inco... | 0.29 | 0.28 | 0.25 | 70 | Diversified Portfolio | HEQ vs HFRO | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.30 | 0.44 | 0.42 | 86 | Diversified Portfolio | HEQ vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.31 | 0.44 | 0.42 | 88 | Diversified Portfolio | HEQ vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.31 | 0.45 | 0.43 | 82 | Diversified Portfolio | HEQ vs FCSRX |
See all 40 diversifiers for HEQ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HEQ
Add HEQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HEQ