PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Moerus Worldwide Value Fund (MOWIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks long-term capital appreciation. The adviser pursues the fund's investment objective by investing primarily in foreign (including frontier and emerging markets) and domestic common stocks that the advisor believes are undervalued. Under normal market conditions, the fund invests in at least three different countries and invests at least 40% of its total assets in securities of issuers organized or having their principal place of business outside the U.S. or doing a substantial amount (more than 50%) of business outside the U.S.

Looking to diversify beyond MOWIX? The mutual funds below have the lowest correlation with MOWIX — 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 MOWIX.

Best Diversifiers for MOWIX

0 mutual funds have low correlation with MOWIX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Seligman Technology and Information Fund (SLMCX) (Technology Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.54 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SLMCX
Columbia Seligman Technology and Information Fund0.520.510.54
96
Technology EquitiesMOWIX vs SLMCX
SWPPX
Schwab S&P 500 Index Fund0.600.560.59
66
Large Cap Blend Equities, S&P 500MOWIX vs SWPPX
HRIIX
Hood River International Opportunity Fund Investor...0.61——
95
Foreign Small & Mid Cap EquitiesMOWIX vs HRIIX
HRIOX
Hood River International Opportunity Fund0.620.64—
95
Foreign Small & Mid Cap EquitiesMOWIX vs HRIOX
LZISX
Lazard International Small Cap Equity Portfolio0.640.660.71
73
Foreign Small & Mid Cap EquitiesMOWIX vs LZISX
See all 10 diversifiers for MOWIX

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from MOWIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MOWIX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.15 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
MO
Altria Group, Inc.-0.140.030.15
70
Consumer Defensive

Rows per page

1–1 of 1

Diversification Analysis

Build a portfolio that complements MOWIX

Add MOWIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with MOWIX