Looking to diversify beyond FWIFX? The mutual funds below have the lowest correlation with FWIFX — 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 FWIFX.
Best Diversifiers for FWIFX
1 mutual funds have low correlation with FWIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.22, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.22 | 0.30 | 0.48 | 52 | Global Equities | FWIFX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.44 | 0.52 | 0.65 | 80 | Global Equities | FWIFX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.46 | 0.42 | 0.58 | 86 | Global Equities | FWIFX vs FMIEX | |
| Polaris Global Value Fund | 0.47 | 0.57 | 0.68 | 93 | Global Equities | FWIFX vs PGVFX | |
| SEI Institutional Investments Trust Global Managed... | 0.50 | 0.54 | 0.65 | 62 | Global Equities | FWIFX vs SGMAX |
See all 35 diversifiers for FWIFX
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