Looking to diversify beyond FWCFX? The mutual funds below have the lowest correlation with FWCFX — 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 FWCFX.
Best Diversifiers for FWCFX
0 mutual funds have low correlation with FWCFX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.45, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.45 | 0.52 | 0.65 | 81 | Global Equities | FWCFX vs RTXAX | |
| Polaris Global Value Fund | 0.49 | 0.57 | 0.68 | 90 | Global Equities | FWCFX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.50 | 0.43 | 0.59 | 89 | Global Equities | FWCFX vs FMIEX | |
| SEI Institutional Investments Trust Global Managed... | 0.51 | 0.54 | 0.65 | 55 | Global Equities | FWCFX vs SGMAX | |
| T. Rowe Price Real Assets Fund | 0.51 | 0.56 | 0.68 | 57 | Global Equities | FWCFX vs PRAFX |
See all 28 diversifiers for FWCFX
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