Looking to diversify beyond VWEHX? The mutual funds below have the lowest correlation with VWEHX — 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 VWEHX.
Best Diversifiers for VWEHX
6 mutual funds have low correlation with VWEHX (below 0.3), 0 of which are negatively correlated. The least correlated is Cliffwater Corporate Lending Fund (CCLFX) (High Yield Bonds) with a 1Y correlation of 0.04, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.04 | 0.06 | 0.10 | 100 | High Yield Bonds | VWEHX vs CCLFX | |
| Pioneer ILS Interval Fund | 0.11 | 0.10 | 0.06 | 100 | High Yield Bonds | VWEHX vs XILSX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.13 | 0.35 | 0.32 | 89 | Inflation-Protected Bonds | VWEHX vs VTAPX | |
| Northeast Investors Trust | 0.21 | 0.30 | 0.39 | 80 | High Yield Bonds | VWEHX vs NTHEX | |
| RiverPark Short Term High Yield Fund | 0.22 | 0.15 | 0.23 | 99 | High Yield Bonds | VWEHX vs RPHIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWEHX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWEHX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.28, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.28 | 0.00 | 0.08 | 68 | Energy | |
| International Seaways, Inc. | 0.04 | 0.06 | 0.06 | 97 | Energy | |
| Bristol-Myers Squibb Company | 0.23 | 0.16 | 0.15 | 68 | Healthcare |
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