Looking to diversify beyond HRLYX? The mutual funds below have the lowest correlation with HRLYX — 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 HRLYX.
Best Diversifiers for HRLYX
7 mutual funds have low correlation with HRLYX (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 0.10, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hartford Municipal Opportunities Fund | 0.10 | 0.15 | 0.12 | 66 | Municipal Bonds | HRLYX vs HHMIX | |
| The Hartford Strategic Income Fund | 0.22 | 0.33 | 0.33 | 66 | Multisector Bonds | HRLYX vs HSNIX | |
| Loomis Sayles Global Allocation Fund | 0.25 | 0.43 | 0.53 | 50 | Global Allocation | HRLYX vs LSWWX | |
| Calamos Global Dynamic Income Fund | 0.25 | 0.41 | 0.48 | 66 | Global Allocation | HRLYX vs CHW | |
| Hartford Core Equity Fund | 0.26 | 0.39 | 0.51 | 51 | Large Cap Blend Equities | HRLYX vs HGIYX |
See all 69 diversifiers for HRLYX
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