Looking to diversify beyond EWMCX? The mutual funds below have historically moved differently from EWMCX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for EWMCX
0 mutual funds have low correlation with EWMCX (below 0.3), 0 of which are negatively correlated. The least correlated is PRIMECAP Odyssey Growth Fund (POGRX) (Large Cap Blend Equities) with a 1Y correlation of 0.70, down from 0.86 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PRIMECAP Odyssey Growth Fund | 0.70 | 0.81 | 0.86 | 89 | Large Cap Blend Equities | EWMCX vs POGRX | |
| Vanguard PRIMECAP Fund Investor Shares | 0.72 | 0.81 | 0.87 | 90 | Large Cap Growth Equities | EWMCX vs VPMCX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 0.73 | 0.81 | 0.87 | 84 | Large Cap Growth Equities | EWMCX vs VHCAX | |
| ICON Equity Fund | 0.74 | 0.78 | 0.82 | 80 | Large Cap Growth Equities | EWMCX vs IOLZX | |
| Fidelity OTC Portfolio Class K | 0.74 | 0.78 | 0.85 | 76 | Large Cap Growth Equities | EWMCX vs FOCKX |
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