Looking to diversify beyond SEMNX? The mutual funds below have the lowest correlation with SEMNX — 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 SEMNX.
Best Diversifiers for SEMNX
10 mutual funds have low correlation with SEMNX (below 0.3), 0 of which are negatively correlated. The least correlated is Hartford Ultrashort Bond HLS Fund (HUBBX) (Ultrashort Bond) with a 1Y correlation of 0.08, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hartford Ultrashort Bond HLS Fund | 0.08 | 0.03 | 0.06 | 99 | Ultrashort Bond | SEMNX vs HUBBX | |
| Hartford Healthcare HLS Fund | 0.15 | 0.29 | 0.39 | 69 | Health & Biotech Equities | SEMNX vs HIAHX | |
| The Hartford Healthcare Fund | 0.15 | 0.29 | 0.39 | 70 | Health & Biotech Equities | SEMNX vs HGHYX | |
| Hartford Sustainable Municipal Bond Fund | 0.19 | 0.13 | 0.13 | 73 | Municipal Bonds | SEMNX vs HMKIX | |
| Hartford Municipal Opportunities Fund | 0.19 | 0.10 | 0.11 | 68 | Municipal Bonds | SEMNX vs HHMIX |
See all 60 diversifiers for SEMNX
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