Looking to diversify beyond HISIX? The mutual funds below have the lowest correlation with HISIX — 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 HISIX.
Best Diversifiers for HISIX
0 mutual funds have low correlation with HISIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.49, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.49 | 0.57 | 0.67 | 63 | Foreign Large Cap Equities | HISIX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.59 | 0.61 | 0.63 | 83 | Foreign Large Cap Equities | HISIX vs PTSIX | |
| Thornburg Global Opportunities Fund | 0.61 | 0.71 | 0.77 | 86 | Foreign Large Cap Equities | HISIX vs THOIX | |
| SA International Value Fund | 0.61 | 0.63 | 0.70 | 89 | Foreign Large Cap Equities | HISIX vs SAHMX | |
| EuroPac International Dividend Income Fund | 0.66 | 0.67 | 0.71 | 76 | Foreign Large Cap Equities | HISIX vs EPDIX |
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