Looking to diversify beyond HSAFX? The mutual funds below have the lowest correlation with HSAFX — 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 HSAFX.
Best Diversifiers for HSAFX
23 mutual funds have low correlation with HSAFX (below 0.3), 2 of which are negatively correlated. The least correlated is Teberg Fund (TEBRX) (Tactical Allocation) with a 1Y correlation of -0.09, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Teberg Fund | -0.09 | 0.10 | 0.15 | 92 | Tactical Allocation | HSAFX vs TEBRX | |
| Donoghue Forlines Momentum Fund | -0.05 | 0.14 | 0.17 | 89 | Tactical Allocation | HSAFX vs MOJOX | |
| AQR Diversifying Strategies Fund Class N | 0.00 | 0.05 | 0.11 | 92 | Tactical Allocation | HSAFX vs QDSNX | |
| Potomac Defensive Bull Fund | 0.02 | 0.10 | 0.07 | 93 | Tactical Allocation | HSAFX vs CRDBX | |
| BNY Mellon Global Real Return Fund - Class I | 0.02 | 0.17 | 0.15 | 79 | Tactical Allocation | HSAFX vs DRRIX |
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