PortfoliosLab logoPortfoliosLab logo

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

Best Diversifiers for HFHIX

10 mutual funds have low correlation with HFHIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Project and Trade Finance Tender Fund (XPTFX) (Bank Loan) with a 1Y correlation of 0.00, roughly unchanged from 0.08 over 5 years.


See all 27 diversifiers for HFHIX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements HFHIX

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

Analyze a portfolio with HFHIX