Looking to diversify beyond HIMYX? The mutual funds below have historically moved differently from HIMYX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for HIMYX
8 mutual funds have low correlation with HIMYX (below 0.3), 0 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of 0.10, roughly unchanged from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 0.10 | 0.12 | 0.10 | 100 | High Yield Bonds | HIMYX vs XILSX | |
| Pioneer Core Equity Fund | 0.16 | 0.11 | 0.08 | 70 | Large Cap Blend Equities | HIMYX vs PIOTX | |
| Pioneer Mid Cap Value Fund | 0.19 | 0.14 | 0.08 | 85 | Mid Cap Value Equities | HIMYX vs PCGRX | |
| Pioneer Global Sustainable Equity Fund Class A | 0.20 | 0.12 | 0.08 | 84 | Global Equities, Sustainable | HIMYX vs GLOSX | |
| Pioneer Solutions - Balanced Fund | 0.23 | 0.18 | 0.13 | 88 | Global Allocation | HIMYX vs PIALX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HIMYX
Add HIMYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HIMYX