Looking to diversify beyond MWNIX? The mutual funds below have the lowest correlation with MWNIX — 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 MWNIX.
Best Diversifiers for MWNIX
0 mutual funds have low correlation with MWNIX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris International Opportunities Fund (QISIX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.61, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris International Opportunities Fund | 0.61 | 0.68 | 0.71 | 50 | Foreign Small & Mid Cap Equities | MWNIX vs QISIX | |
| Hood River International Opportunity Fund Investor... | 0.67 | — | — | 95 | Foreign Small & Mid Cap Equities | MWNIX vs HRIIX | |
| Hood River International Opportunity Fund | 0.67 | 0.67 | — | 95 | Foreign Small & Mid Cap Equities | MWNIX vs HRIOX | |
| Vaughan Nelson International Small Cap Fund | 0.74 | 0.75 | 0.83 | 63 | Foreign Small & Mid Cap Equities | MWNIX vs ADVLX | |
| Lazard International Small Cap Equity Portfolio | 0.75 | 0.84 | 0.89 | 73 | Foreign Small & Mid Cap Equities | MWNIX vs LZISX |
See all 15 diversifiers for MWNIX
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