Looking to diversify beyond HRIOX? The mutual funds below have the lowest correlation with HRIOX — 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 HRIOX.
Best Diversifiers for HRIOX
0 mutual funds have low correlation with HRIOX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.52 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.45 | 0.52 | — | 90 | Small Cap Value Equities | HRIOX vs AVALX | |
| Virtus International Small-Cap Fund | 0.60 | 0.65 | — | 81 | Foreign Small & Mid Cap Equities | HRIOX vs ALOIX | |
| DFA International Small Cap Value Portfolio Instit... | 0.64 | 0.68 | — | 59 | Foreign Small & Mid Cap Equities | HRIOX vs DISVX | |
| DFA International Vector Equity Portfolio | 0.67 | 0.71 | — | 51 | Foreign Small & Mid Cap Equities | HRIOX vs DFVQX | |
| DFA World ex U.S. Targeted Value Portfolio | 0.70 | 0.71 | 0.77 | 65 | Foreign Small & Mid Cap Equities | HRIOX vs DWUSX |
See all 14 diversifiers for HRIOX
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