Looking to diversify beyond HQIFX? The mutual funds below have the lowest correlation with HQIFX — 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 HQIFX.
Best Diversifiers for HQIFX
1 mutual funds have low correlation with HQIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Hartford Municipal Opportunities Fund (HHMIX) (Municipal Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hartford Municipal Opportunities Fund | 0.19 | 0.15 | 0.09 | 66 | Municipal Bonds | HQIFX vs HHMIX | |
| The Hartford Strategic Income Fund | 0.34 | 0.31 | 0.26 | 66 | Multisector Bonds | HQIFX vs HSNIX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | 0.34 | 0.46 | 0.50 | 93 | Emerging Markets Equities | HQIFX vs SEMNX | |
| Voya Corporate Leaders Trust Fund | 0.46 | 0.65 | 0.75 | 53 | Large Cap Value Equities | HQIFX vs LEXCX | |
| Hartford Core Equity Fund | 0.54 | 0.62 | 0.74 | 51 | Large Cap Blend Equities | HQIFX vs HGIYX |
See all 26 diversifiers for HQIFX
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