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Homestead Intermediate Bond Fund (HOIBX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

Under normal circumstances, the advisor intends to invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in fixed-income debt securities. It may invest up to 20% of its assets in other instruments, primarily including preferred stock (fixed maturity and perpetual), convertible bonds, and other investment companies, including open-end funds, closed-end funds and exchange-traded funds ("ETFs").

Looking to diversify beyond HOIBX? The mutual funds below have the lowest correlation with HOIBX — 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 HOIBX.

Best Diversifiers for HOIBX

2 mutual funds have low correlation with HOIBX (below 0.3), 0 of which are negatively correlated. The least correlated is Homestead Stock Index Fund (HSTIX) (Large Cap Blend Equities) with a 1Y correlation of 0.27, up from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HSTIX
Homestead Stock Index Fund0.270.190.14
62
Large Cap Blend EquitiesHOIBX vs HSTIX
HOVLX
Homestead Funds Value Fund0.290.200.11
55
Large Cap Value EquitiesHOIBX vs HOVLX
STWTX
Hartford Schroders Tax-Aware Bond Fund0.610.680.66
52
Intermediate Core BondHOIBX vs STWTX
LSSAX
Loomis Sayles Securitized Asset Fund0.710.840.87
59
Intermediate Core BondHOIBX vs LSSAX

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Diversification Analysis

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Add HOIBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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