Looking to diversify beyond MWOFX? The mutual funds below have the lowest correlation with MWOFX — 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 MWOFX.
Best Diversifiers for MWOFX
0 mutual funds have low correlation with MWOFX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.34, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.34 | 0.45 | 0.58 | 51 | Global Equities | MWOFX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.50 | 0.62 | 0.69 | 76 | Global Equities | MWOFX vs RTXAX | |
| Fidelity Select Semiconductors Portfolio | 0.52 | 0.65 | 0.71 | 96 | Semiconductors, Technology Equities | MWOFX vs FSELX | |
| Polaris Global Value Fund | 0.55 | 0.66 | 0.72 | 92 | Global Equities | MWOFX vs PGVFX | |
| GMO Climate Change Fund | 0.56 | 0.63 | 0.68 | 87 | Global Equities | MWOFX vs GCCHX |
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