Looking to diversify beyond HIBIX? The mutual funds below have the lowest correlation with HIBIX — 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 HIBIX.
Best Diversifiers for HIBIX
7 mutual funds have low correlation with HIBIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.07, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.07 | 0.02 | 0.35 | 100 | Short-Term Bond | HIBIX vs DFCFX | |
| Virtus Stone Harbor Emerging Markets Income Fund | 0.14 | 0.21 | 0.19 | 57 | Emerging Markets Bonds | HIBIX vs EDF | |
| GuidePath Absolute Return Allocation Fund | 0.15 | 0.56 | 0.63 | 54 | Short-Term Bond | HIBIX vs GPARX | |
| The Merger Fund | 0.16 | 0.08 | 0.08 | 97 | Event Driven | HIBIX vs MERFX | |
| Leader Short Term High Yield Bond Fund | 0.19 | 0.20 | 0.27 | 82 | Short-Term Bond | HIBIX vs LCCMX |
See all 19 diversifiers for HIBIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HIBIX
Add HIBIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HIBIX