Looking to diversify beyond MWTRX? The mutual funds below have the lowest correlation with MWTRX — 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 MWTRX.
Best Diversifiers for MWTRX
0 mutual funds have low correlation with MWTRX (below 0.3), 0 of which are negatively correlated. The least correlated is Holbrook Income Fund Class I (HOBIX) (Intermediate Core-Plus Bond) with a 1Y correlation of 0.47, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 0.47 | 0.40 | 0.43 | 98 | Intermediate Core-Plus Bond | MWTRX vs HOBIX | |
| Metropolitan West Ultra Short Bond Fund | 0.50 | 0.61 | 0.62 | 85 | Ultrashort Bond | MWTRX vs MWUSX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.52 | 0.28 | 0.20 | 94 | Intermediate Core-Plus Bond | MWTRX vs LCTRX | |
| Metropolitan West High Yield Bond Fund | 0.53 | 0.63 | 0.56 | 58 | High Yield Bonds | MWTRX vs MWHYX | |
| Leader Capital High Quality Income Fund Institutio... | 0.53 | 0.26 | 0.18 | 95 | Intermediate Core-Plus Bond | MWTRX vs LCTIX |
See all 16 diversifiers for MWTRX
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