Looking to diversify beyond HVEIX? The mutual funds below have the lowest correlation with HVEIX — 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 HVEIX.
Best Diversifiers for HVEIX
0 mutual funds have low correlation with HVEIX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.57, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.57 | 0.62 | 0.68 | 72 | Large Cap Growth Equities | HVEIX vs BPTRX | |
| Adams Diversified Equity Fund, Inc. | 0.71 | 0.80 | 0.87 | 67 | Large Cap Blend Equities | HVEIX vs ADX | |
| One Rock Fund | 0.71 | 0.79 | 0.81 | 87 | Large Cap Growth Equities | HVEIX vs ONERX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 0.73 | 0.75 | 0.77 | 62 | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | HVEIX vs QQQX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.75 | 0.72 | 0.77 | 61 | Foreign Large Cap Equities | HVEIX vs VTMGX |
See all 25 diversifiers for HVEIX
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