Looking to diversify beyond HOSBX? The mutual funds below have the lowest correlation with HOSBX — 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 HOSBX.
Best Diversifiers for HOSBX
7 mutual funds have low correlation with HOSBX (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 0.09, 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 | 0.09 | 0.01 | 0.35 | 68 | Short-Term Bond | HOSBX vs DFCFX | |
| GuidePath Absolute Return Allocation Fund | 0.19 | 0.53 | 0.58 | 57 | Short-Term Bond | HOSBX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 0.20 | 0.16 | 0.17 | 79 | Short-Term Bond | HOSBX vs LCCMX | |
| Homestead Stock Index Fund | 0.21 | 0.12 | 0.09 | 63 | Large Cap Blend Equities | HOSBX vs HSTIX | |
| Homestead Funds Value Fund | 0.22 | 0.11 | 0.04 | 52 | Large Cap Value Equities | HOSBX vs HOVLX |
See all 19 diversifiers for HOSBX
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