Looking to diversify beyond HFLGX? The mutual funds below have the lowest correlation with HFLGX — 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 HFLGX.
Best Diversifiers for HFLGX
0 mutual funds have low correlation with HFLGX (below 0.3), 0 of which are negatively correlated. The least correlated is Adams Diversified Equity Fund, Inc. (ADX) (Large Cap Blend Equities) with a 1Y correlation of 0.36, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Adams Diversified Equity Fund, Inc. | 0.36 | 0.55 | 0.69 | 67 | Large Cap Blend Equities | HFLGX vs ADX | |
| Rational Equity Armor Fund | 0.41 | 0.53 | 0.63 | 55 | Large Cap Value Equities | HFLGX vs HDCTX | |
| Federated Hermes Strategic Value Dividend Fund | 0.54 | 0.57 | 0.64 | 78 | Large Cap Value Equities | HFLGX vs SVAIX | |
| Fidelity 500 Index Fund | 0.55 | 0.67 | 0.77 | 66 | S&P 500 | HFLGX vs FXAIX | |
| BNY Mellon Equity Income Fund | 0.57 | 0.70 | 0.79 | 89 | Large Cap Value Equities | HFLGX vs DQIRX |
See all 33 diversifiers for HFLGX
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