Looking to diversify beyond HFQAX? The mutual funds below have the lowest correlation with HFQAX — 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 HFQAX.
Best Diversifiers for HFQAX
0 mutual funds have low correlation with HFQAX (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 0.41, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson VIT Global Technology and Innovati... | 0.41 | 0.47 | 0.55 | 73 | Technology Equities | HFQAX vs JGLTX | |
| Janus Global Technology and Innovation Fund | 0.41 | 0.47 | 0.55 | 72 | Technology Equities | HFQAX vs JAGTX | |
| Janus Henderson Global Technology and Innovation F... | 0.41 | 0.47 | 0.55 | 72 | Technology Equities | HFQAX vs JATIX | |
| Janus Henderson Global Technology and Innovation F... | 0.42 | 0.47 | 0.55 | 72 | Technology Equities | HFQAX vs JNGTX | |
| Kopernik International Fund | 0.55 | 0.51 | 0.61 | 54 | Foreign Large Cap Equities | HFQAX vs KGIIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HFQAX
Add HFQAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HFQAX