Looking to diversify beyond SSHVX? The mutual funds below have the lowest correlation with SSHVX — 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 SSHVX.
Best Diversifiers for SSHVX
0 mutual funds have low correlation with SSHVX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.46, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.46 | 0.56 | 0.67 | 80 | Large Cap Value Equities | SSHVX vs SVAIX | |
| Hennessy Cornerstone Value Fund | 0.58 | 0.72 | 0.79 | 81 | Large Cap Value Equities | SSHVX vs HFCVX | |
| Rational Equity Armor Fund | 0.60 | 0.62 | 0.70 | 56 | Large Cap Value Equities | SSHVX vs HDCTX | |
| Vanguard International High Dividend Yield Index F... | 0.69 | 0.67 | 0.74 | 82 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | SSHVX vs VIHAX | |
| Auxier Focus Fund | 0.71 | 0.78 | 0.84 | 62 | Large Cap Value Equities | SSHVX vs AUXFX |
See all 29 diversifiers for SSHVX
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