Looking to diversify beyond GWETX? The mutual funds below have historically moved differently from GWETX, 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 GWETX
0 mutual funds have low correlation with GWETX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.39, down from 0.70 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.39 | 0.60 | 0.70 | 89 | Large Cap Value Equities | GWETX vs YAFFX | |
| AMG Yacktman Fund | 0.50 | 0.68 | 0.76 | 91 | Large Cap Value Equities | GWETX vs YACKX | |
| DFA International Small Company Portfolio | 0.64 | 0.64 | 0.69 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | GWETX vs DFISX | |
| Auer Growth Fund | 0.68 | 0.75 | 0.78 | 91 | Small Cap Blend Equities | GWETX vs AUERX | |
| Hennessy Cornerstone Growth Fund | 0.70 | 0.79 | 0.78 | 53 | Small Cap Blend Equities | GWETX vs HFCGX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GWETX
Add GWETX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GWETX