Looking to diversify beyond HWTIX? The mutual funds below have historically moved differently from HWTIX, 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 HWTIX
0 mutual funds have low correlation with HWTIX (below 0.3), 0 of which are negatively correlated. The least correlated is Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) (Mid Cap Value Equities) with a 1Y correlation of 0.41, down from 0.68 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hotchkis & Wiley Mid-Cap Value Fund | 0.41 | 0.57 | 0.68 | 85 | Mid Cap Value Equities | HWTIX vs HWMIX | |
| Pear Tree Polaris International Opportunities Fund | 0.47 | 0.62 | 0.67 | 53 | Foreign Small & Mid Cap Equities | HWTIX vs QISIX | |
| Hotchkis & Wiley Small Cap Diversified Value Fund | 0.48 | 0.57 | 0.65 | 84 | Small Cap Value Equities | HWTIX vs HWVIX | |
| Hotchkis & Wiley Large Cap Value Fund | 0.49 | 0.58 | 0.70 | 83 | Large Cap Value Equities | HWTIX vs HWLIX | |
| Hotchkis & Wiley Diversified Value Fund | 0.49 | 0.59 | 0.70 | 83 | Large Cap Value Equities | HWTIX vs HWCIX |
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