Looking to diversify beyond USAWX? The mutual funds below have the lowest correlation with USAWX — 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 USAWX.
Best Diversifiers for USAWX
1 mutual funds have low correlation with USAWX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 0.04 | — | — | 100 | Nontraditional Bonds | USAWX vs CBYYX | |
| Victory Global Energy Transition Fund | 0.47 | 0.54 | 0.59 | 97 | Energy Equities | USAWX vs RSNRX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.59 | 0.68 | 0.76 | 81 | Global Equities | USAWX vs RTXAX | |
| Polaris Global Value Fund | 0.61 | 0.70 | 0.78 | 90 | Global Equities | USAWX vs PGVFX | |
| USAA High Income Fund | 0.64 | 0.57 | 0.59 | 79 | High Yield Bonds | USAWX vs USHYX |
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