Looking to diversify beyond SEMVX? The mutual funds below have the lowest correlation with SEMVX — 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 SEMVX.
Best Diversifiers for SEMVX
1 mutual funds have low correlation with SEMVX (below 0.3), 0 of which are negatively correlated. The least correlated is Hartford Municipal Opportunities Fund (HHMIX) (Municipal Bonds) with a 1Y correlation of 0.13, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hartford Municipal Opportunities Fund | 0.13 | 0.10 | 0.10 | 66 | Municipal Bonds | SEMVX vs HHMIX | |
| The Hartford Strategic Income Fund | 0.34 | 0.28 | 0.29 | 66 | Multisector Bonds | SEMVX vs HSNIX | |
| The Hartford Dividend and Growth Fund | 0.54 | 0.56 | 0.57 | 62 | Large Cap Value Equities | SEMVX vs HDGYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.54 | 0.66 | 0.71 | 86 | Emerging Markets Diversified | SEMVX vs ESCIX | |
| Hartford International Value Fund | 0.64 | 0.70 | 0.72 | 56 | Foreign Large Cap Equities | SEMVX vs HILYX |
See all 29 diversifiers for SEMVX
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