Looking to diversify beyond HQIYX? The mutual funds below have the lowest correlation with HQIYX — 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 HQIYX.
Best Diversifiers for HQIYX
6 mutual funds have low correlation with HQIYX (below 0.3), 0 of which are negatively correlated. The least correlated is Hartford Ultrashort Bond HLS Fund (HUBBX) (Ultrashort Bond) with a 1Y correlation of 0.06, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hartford Ultrashort Bond HLS Fund | 0.06 | 0.06 | 0.03 | 99 | Ultrashort Bond | HQIYX vs HUBBX | |
| Hartford Sustainable Municipal Bond Fund | 0.15 | 0.15 | 0.09 | 69 | Municipal Bonds | HQIYX vs HMKIX | |
| Hartford Short Duration Fund | 0.20 | 0.16 | 0.15 | 82 | Short-Term Bond | HQIYX vs HSDAX | |
| Hartford Municipal Opportunities Fund | 0.20 | 0.15 | 0.09 | 66 | Municipal Bonds | HQIYX vs HHMIX | |
| Hartford Floating Rate High Income Fund | 0.27 | 0.30 | 0.29 | 73 | Bank Loan | HQIYX vs HFHIX |
See all 56 diversifiers for HQIYX
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