Looking to diversify beyond HWVIX? The mutual funds below have the lowest correlation with HWVIX — 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 HWVIX.
Best Diversifiers for HWVIX
0 mutual funds have low correlation with HWVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.37, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.37 | 0.49 | 0.58 | 94 | Small Cap Value Equities | HWVIX vs AVALX | |
| Vanguard Total International Stock Index Fund Inst... | 0.53 | 0.60 | 0.66 | 59 | Large Cap Blend Equities, Foreign Large Cap Equities | HWVIX vs VTSNX | |
| Hotchkis & Wiley International Value Fund | 0.60 | 0.64 | 0.72 | 50 | Foreign Large Cap Equities | HWVIX vs HWNIX | |
| Bridgeway Ultra Small Company Market Fund | 0.72 | 0.78 | 0.79 | 79 | Small Cap Value Equities | HWVIX vs BRSIX | |
| Invesco Small Cap Value Fund | 0.73 | 0.81 | 0.88 | 89 | Small Cap Value Equities | HWVIX vs VSCAX |
See all 27 diversifiers for HWVIX
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