Looking to diversify beyond HWTIX? The mutual funds below have the lowest correlation with HWTIX — 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 HWTIX.
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 Hood River International Opportunity Fund (HRIOX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.66, roughly unchanged from 0.68 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hood River International Opportunity Fund | 0.66 | 0.68 | — | 96 | Foreign Small & Mid Cap Equities | HWTIX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 0.66 | — | — | 96 | Foreign Small & Mid Cap Equities | HWTIX vs HRIIX | |
| Lazard International Small Cap Equity Portfolio | 0.76 | 0.84 | 0.87 | 75 | Foreign Small & Mid Cap Equities | HWTIX vs LZISX | |
| Virtus International Small-Cap Fund | 0.78 | 0.82 | 0.85 | 84 | Foreign Small & Mid Cap Equities | HWTIX vs ALOIX | |
| Hotchkis & Wiley International Value Fund | 0.83 | 0.86 | 0.88 | 56 | Foreign Large Cap Equities | HWTIX vs HWNIX |
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