Looking to diversify beyond HFAJX? The mutual funds below have historically moved differently from HFAJX, 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 HFAJX
0 mutual funds have low correlation with HFAJX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hartford Municipal Opportunities Fund | 0.30 | — | — | 63 | Municipal Bonds | HFAJX vs HHMIX | |
| American Beacon Tocqueville International Value Fu... | 0.48 | — | — | 52 | Foreign Large Cap Equities | HFAJX vs TIVFX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | 0.52 | — | — | 71 | Emerging Markets Equities | HFAJX vs SEMNX | |
| Thornburg Global Opportunities Fund | 0.58 | 0.66 | 0.66 | 89 | Foreign Large Cap Equities | HFAJX vs THOIX | |
| Kopernik International Fund | 0.58 | — | — | 66 | Foreign Large Cap Equities | HFAJX vs KGIIX |
See all 26 diversifiers for HFAJX
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