Looking to diversify beyond VGWAX? The mutual funds below have the lowest correlation with VGWAX — 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 VGWAX.
Best Diversifiers for VGWAX
5 mutual funds have low correlation with VGWAX (below 0.3), 1 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of -0.01, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | -0.01 | 0.14 | 0.46 | 63 | Diversified Portfolio | VGWAX vs MHELX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 0.02 | 0.20 | 0.27 | 76 | Diversified Portfolio | VGWAX vs SIFAX | |
| PIMCO Commodity Real Return Strategy Fund | 0.03 | 0.18 | 0.25 | 78 | Commodities | VGWAX vs PCRIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.24 | 0.25 | 0.28 | 89 | Bank Loan | VGWAX vs RPIFX | |
| PIMCO Low Duration Fund | 0.29 | 0.25 | 0.25 | 53 | Short-Term Bond | VGWAX vs PTLDX |
See all 56 diversifiers for VGWAX
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