Looking to diversify beyond HWSIX? The mutual funds below have the lowest correlation with HWSIX — 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 HWSIX.
Best Diversifiers for HWSIX
1 mutual funds have low correlation with HWSIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Clover Small Value Fund (VSFAX) (Small Cap Value Equities) with a 1Y correlation of 0.20, down from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Clover Small Value Fund | 0.20 | 0.58 | 0.75 | 54 | Small Cap Value Equities | HWSIX vs VSFAX | |
| Aegis Value Fund | 0.49 | 0.56 | 0.64 | 89 | Small Cap Value Equities | HWSIX vs AVALX | |
| John Hancock Variable Insurance Trust Small Cap Va... | 0.58 | 0.77 | 0.84 | 67 | Small Cap Value Equities | HWSIX vs JESVX | |
| Hotchkis & Wiley International Value Fund | 0.60 | 0.67 | 0.75 | 56 | Foreign Large Cap Equities | HWSIX vs HWNIX | |
| Bridgeway Ultra Small Company Market Fund | 0.66 | 0.74 | 0.77 | 74 | Small Cap Value Equities | HWSIX vs BRSIX |
See all 72 diversifiers for HWSIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HWSIX
Add HWSIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HWSIX