Looking to diversify beyond HTD? The mutual funds below have the lowest correlation with HTD — 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 HTD.
Best Diversifiers for HTD
12 mutual funds have low correlation with HTD (below 0.3), 0 of which are negatively correlated. The least correlated is John Hancock Variable Insurance Trust Mid Cap Index Trust Fund (JECIX) (Mid Cap Blend Equities) with a 1Y correlation of 0.21, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Variable Insurance Trust Mid Cap Inde... | 0.21 | 0.38 | 0.51 | 69 | Mid Cap Blend Equities | HTD vs JECIX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.22 | 0.18 | 0.18 | 82 | Long-Short | HTD vs JAKRX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.22 | — | — | 83 | Long-Short | HTD vs JAKVX | |
| Adams Diversified Equity Fund, Inc. | 0.23 | 0.33 | 0.47 | 61 | Large Cap Blend Equities | HTD vs ADX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.23 | 0.24 | 0.38 | 94 | Technology Equities | HTD vs STK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HTD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HTD and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.44, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.44 | 0.56 | 0.60 | 79 | Financial Services | |
| Cohen & Steers Quality Income Realty Fund | 0.50 | 0.58 | 0.61 | 57 | Financial Services | |
| DNP Select Income Fund Inc. | 0.51 | 0.57 | 0.54 | 88 | Financial Services | |
| Cohen & Steers Infrastructure Fund, Inc | 0.55 | 0.58 | 0.59 | 67 | Financial Services |
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