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VanEck Morningstar Wide Moat Fund (MWMIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

Under normal conditions, the fund invests at least 80% of its net assets in securities that comprise the index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar") determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies").

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

Best Diversifiers for MWMIX

0 mutual funds have low correlation with MWMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Infrastructure Fund (FNSTX) (Large Cap Blend Equities) with a 1Y correlation of 0.33, down from 0.61 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FNSTX
Fidelity Infrastructure Fund0.330.490.61
51
Large Cap Blend EquitiesMWMIX vs FNSTX
SVPFX
Goldman Sachs Strategic Volatility Premium Fund0.340.180.16
70
Large Cap Blend EquitiesMWMIX vs SVPFX
ORDNX
North Square Preferred and Income Securities Fund0.420.360.39
68
Large Cap Blend EquitiesMWMIX vs ORDNX
GBFAX
VanEck Emerging Markets Fund0.490.530.57
70
Emerging Markets DiversifiedMWMIX vs GBFAX
ALSMX
Archer Multi Cap Fund0.570.700.79
86
Large Cap Blend EquitiesMWMIX vs ALSMX
See all 40 diversifiers for MWMIX

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Diversification Analysis

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