Looking to diversify beyond VWELX? The mutual funds below have the lowest correlation with VWELX — 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 VWELX.
Best Diversifiers for VWELX
42 mutual funds have low correlation with VWELX (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 -0.24, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.24 | -0.05 | 0.09 | 65 | Diversified Portfolio | VWELX vs SIFAX | |
| Fidelity Select Energy Portfolio | -0.09 | 0.17 | 0.29 | 70 | Energy Equities | VWELX vs FSENX | |
| Vanguard Energy Fund Admiral Shares | 0.01 | 0.26 | 0.41 | 84 | Energy Equities | VWELX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.02 | 0.26 | 0.41 | 83 | Energy Equities | VWELX vs VGENX | |
| Vanguard Market Neutral Fund Institutional Shares | 0.02 | -0.01 | -0.03 | 96 | Long-Short | VWELX vs VMNIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWELX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWELX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.23, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.23 | 0.00 | 0.14 | 78 | Consumer Defensive | |
| Chevron Corporation | -0.22 | 0.04 | 0.20 | 73 | Energy | |
| Exxon Mobil Corporation | -0.21 | 0.01 | 0.17 | 76 | Energy | |
| Occidental Petroleum Corporation | -0.19 | 0.06 | 0.17 | 64 | Energy | |
| Duke Energy Corporation | -0.19 | 0.02 | 0.19 | 65 | Utilities |
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