Looking to diversify beyond VWAHX? The mutual funds below have historically moved differently from VWAHX, 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 VWAHX
17 mutual funds have low correlation with VWAHX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.02, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.02 | 0.16 | 0.21 | 88 | Municipal Bonds | VWAHX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.02 | 0.18 | 0.23 | 91 | Municipal Bonds | VWAHX vs DMREX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 0.16 | 0.25 | 0.27 | 98 | Ultrashort Bond | VWAHX vs TRBUX | |
| DFA Short Term Municipal Bond Portfolio | 0.19 | 0.26 | 0.36 | 100 | Municipal Bonds | VWAHX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 0.21 | 0.28 | 0.28 | 100 | Municipal Bonds | VWAHX vs ATOIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VWAHX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Banco Latinoamericano de Comercio Exterior, S.A (BLX) (Financial Services) with a 1Y correlation of 0.11, roughly unchanged from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Banco Latinoamericano de Comercio Exterior, S.A | 0.11 | 0.03 | 0.02 | 91 | Financial Services |
Build a portfolio that complements VWAHX
Add VWAHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VWAHX