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 Artisan Global Equity Fund (ARTHX) (Global Equities) with a 1Y correlation of 0.54, down from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Equity Fund | 0.54 | 0.69 | 0.77 | 62 | Global Equities | MWEBX vs ARTHX | |
| GMO Climate Change Fund | 0.55 | 0.65 | 0.69 | 93 | Global Equities | MWEBX vs GCCHX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.55 | 0.68 | 0.74 | 81 | Global Equities | MWEBX vs RTXAX | |
| Oberweis Global Opportunities Fund | 0.55 | 0.65 | 0.72 | 73 | Global Equities | MWEBX vs OBEGX | |
| T. Rowe Price Real Assets Fund | 0.55 | 0.67 | 0.74 | 57 | Global Equities | MWEBX vs PRAFX |
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