Looking to diversify beyond VGWLX? The mutual funds below have historically moved differently from VGWLX, 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 VGWLX
4 mutual funds have low correlation with VGWLX (below 0.3), 2 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.04, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.04 | 0.14 | 0.24 | 83 | Diversified Portfolio | VGWLX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | -0.02 | 0.09 | 0.42 | 66 | Diversified Portfolio | VGWLX vs MHELX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.16 | 0.25 | 0.27 | 91 | Inflation-Protected Bonds | VGWLX vs VTAPX | |
| LoCorr Macro Strategies Fund Class I | 0.22 | 0.04 | -0.10 | 79 | Global Allocation | VGWLX vs LFMIX | |
| MH Elite Select Portfolio of Funds Fund | 0.30 | 0.35 | 0.59 | 68 | Global Allocation | VGWLX vs MHESX |
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