PortfoliosLab logoPortfoliosLab logo

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

Best Diversifiers for HFADX

0 mutual funds have low correlation with HFADX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) (Technology Equities) with a 1Y correlation of 0.30, up from 0.16 over 5 years.


Diversification Analysis

Build a portfolio that complements HFADX

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

Analyze a portfolio with HFADX