Looking to diversify beyond MWLDX? The mutual funds below have the lowest correlation with MWLDX — 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 MWLDX.
Best Diversifiers for MWLDX
4 mutual funds have low correlation with MWLDX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.00, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.00 | -0.02 | 0.32 | 67 | Short-Term Bond | MWLDX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.11 | 0.16 | 0.20 | 79 | Short-Term Bond | MWLDX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 0.22 | 0.25 | 0.36 | 99 | Short-Term Bond | MWLDX vs DFAIX | |
| GuidePath Absolute Return Allocation Fund | 0.23 | 0.57 | 0.62 | 72 | Short-Term Bond | MWLDX vs GPARX | |
| GuidepathConservative Income Fund | 0.30 | 0.39 | 0.41 | 99 | Short-Term Bond | MWLDX vs GPICX |
See all 21 diversifiers for MWLDX
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