Looking to diversify beyond HFCVX? The mutual funds below have the lowest correlation with HFCVX — 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 HFCVX.
Best Diversifiers for HFCVX
2 mutual funds have low correlation with HFCVX (below 0.3), 0 of which are negatively correlated. The least correlated is Rational Equity Armor Fund (HDCTX) (Large Cap Value Equities) with a 1Y correlation of 0.21, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rational Equity Armor Fund | 0.21 | 0.35 | 0.54 | 55 | Large Cap Value Equities | HFCVX vs HDCTX | |
| Federated Hermes Equity Income Fund | 0.22 | 0.51 | 0.70 | 65 | Large Cap Value Equities | HFCVX vs LEIFX | |
| Fidelity Dividend Growth Fund Class K | 0.31 | 0.48 | 0.64 | 80 | Large Cap Value Equities | HFCVX vs FDGKX | |
| Fidelity Dividend Growth Fund | 0.31 | 0.48 | 0.64 | 87 | Large Cap Blend Equities, Dividend | HFCVX vs FDGFX | |
| Fidelity Advisor Capital Development Fund Class A | 0.35 | 0.54 | 0.71 | 75 | Large Cap Value Equities | HFCVX vs FDTTX |
See all 205 diversifiers for HFCVX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HFCVX
Add HFCVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HFCVX