Looking to diversify beyond MWEBX? The mutual funds below have the lowest correlation with MWEBX — 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 MWEBX.
Best Diversifiers for MWEBX
0 mutual funds have low correlation with MWEBX (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 0.39, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.39 | 0.53 | 0.64 | 62 | Global Equities | MWEBX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.40 | 0.57 | 0.69 | 55 | Global Equities | MWEBX vs FGIAX | |
| T. Rowe Price Global Technology Fund I Class | 0.49 | 0.55 | 0.61 | 82 | Technology Equities, Global Equities | MWEBX vs PGTIX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.54 | 0.67 | 0.74 | 82 | Global Equities | MWEBX vs RTXAX | |
| Oberweis Global Opportunities Fund | 0.55 | 0.65 | 0.72 | 71 | Global Equities | MWEBX vs OBEGX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MWEBX
Add MWEBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MWEBX