Looking to diversify beyond HWMIX? The mutual funds below have the lowest correlation with HWMIX — 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 HWMIX.
Best Diversifiers for HWMIX
0 mutual funds have low correlation with HWMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Dunham International Stock Fund (DCINX) (Foreign Large Cap Equities) with a 1Y correlation of 0.40, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dunham International Stock Fund | 0.40 | 0.53 | 0.63 | 90 | Foreign Large Cap Equities | HWMIX vs DCINX | |
| Hotchkis & Wiley International Value Fund | 0.57 | 0.66 | 0.77 | 52 | Foreign Large Cap Equities | HWMIX vs HWNIX | |
| Virtus Ceredex Mid-Cap Value Equity Fund | 0.60 | 0.76 | 0.80 | 91 | Mid Cap Value Equities | HWMIX vs SMVTX | |
| Invesco Value Opportunities Fund Class Y | 0.61 | 0.75 | 0.85 | 81 | Mid Cap Value Equities | HWMIX vs VVOIX | |
| Invesco Value Opportunities Fund | 0.61 | 0.75 | 0.85 | 81 | Mid Cap Value Equities | HWMIX vs VVOAX |
See all 39 diversifiers for HWMIX
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Diversification Analysis
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