Looking to diversify beyond RWCEX? The mutual funds below have historically moved differently from RWCEX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RWCEX
1 mutual funds have low correlation with RWCEX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.25, down from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.25 | 0.44 | 0.56 | 56 | Foreign Large Cap Equities, Emerging Markets Equities | RWCEX vs GSIYX | |
| The Cook & Bynum Fund | 0.31 | 0.38 | 0.46 | 66 | Emerging Markets Equities | RWCEX vs COBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.45 | 0.57 | 0.65 | 92 | Emerging Markets Equities | RWCEX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.65 | 0.73 | 0.78 | 77 | Emerging Markets Equities | RWCEX vs EMPTX | |
| Nomura Emerging Markets Fund Class C | 0.67 | 0.69 | 0.77 | 91 | Emerging Markets Equities | RWCEX vs DEMCX |
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