Looking to diversify beyond HUBBX? The mutual funds below have historically moved differently from HUBBX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for HUBBX
28 mutual funds have low correlation with HUBBX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Short Term Fund (PTSHX) (Ultrashort Bond) with a 1Y correlation of 0.02, roughly unchanged from -0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Short Term Fund | 0.02 | -0.10 | -0.03 | 99 | Ultrashort Bond | HUBBX vs PTSHX | |
| CrossingBridge Ultra-Short Duration Fund | 0.03 | 0.05 | 0.06 | 99 | Ultrashort Bond | HUBBX vs CBUDX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 0.04 | 0.04 | -0.04 | 99 | Ultrashort Bond | HUBBX vs TSDUX | |
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.04 | 0.13 | 0.16 | 99 | Ultrashort Bond | HUBBX vs UGSDX | |
| PIMCO Short Asset Investment Fund | 0.06 | 0.06 | 0.08 | 100 | Ultrashort Bond | HUBBX vs PAIPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HUBBX
Add HUBBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HUBBX