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Wedgewood Fund (RWGIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of large capitalization companies that the sub-adviser believes have above-average growth prospects. It invests primarily in common stocks. The adviser considers companies with market capitalizations in excess of $5 billion to be large capitalization companies. The fund is non-diversified.

Looking to diversify beyond RWGIX? The mutual funds below have the lowest correlation with RWGIX — 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 RWGIX.

Best Diversifiers for RWGIX

3 mutual funds have low correlation with RWGIX (below 0.3), 0 of which are negatively correlated. The least correlated is RiverPark Floating Rate CMBS Fund (RCRIX) (Bank Loan) with a 1Y correlation of 0.10, roughly unchanged from 0.05 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RCRIX
RiverPark Floating Rate CMBS Fund0.100.060.05
100
Bank LoanRWGIX vs RCRIX
RPHIX
RiverPark Short Term High Yield Fund0.170.130.16
100
High Yield BondsRWGIX vs RPHIX
EFCNX
Emerald Insights Fund0.280.690.80
98
Large Cap Growth EquitiesRWGIX vs EFCNX
RSIIX
RiverPark Strategic Income Fund0.370.260.30
68
High Yield BondsRWGIX vs RSIIX
ONERX
One Rock Fund0.480.660.74
87
Large Cap Growth EquitiesRWGIX vs ONERX
See all 26 diversifiers for RWGIX

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Diversification Analysis

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