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
1 mutual funds have low correlation with MWMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.27, up from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.27 | 0.17 | 0.16 | 73 | Large Cap Blend Equities | MWMIX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.39 | 0.35 | 0.39 | 72 | Large Cap Blend Equities | MWMIX vs ORDNX | |
| VanEck Global Resources Fund | 0.41 | 0.52 | 0.55 | 71 | Energy Equities | MWMIX vs GHAAX | |
| VanEck Emerging Markets Fund | 0.49 | 0.54 | 0.57 | 68 | Emerging Markets Diversified | MWMIX vs GBFAX | |
| CIT: BlackRock Equity Index Fund Class 1 | 0.56 | — | — | 84 | Large Cap Blend Equities | MWMIX vs WBREOX |
See all 38 diversifiers for MWMIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MWMIX
Add MWMIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MWMIX