Looking to diversify beyond VWENX? The mutual funds below have the lowest correlation with VWENX — 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 VWENX.
Best Diversifiers for VWENX
20 mutual funds have low correlation with VWENX (below 0.3), 4 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 -0.25, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.25 | -0.03 | 0.11 | 73 | Diversified Portfolio | VWENX vs SIFAX | |
| T. Rowe Price Dynamic Credit Fund | -0.08 | 0.04 | -0.01 | 76 | Nontraditional Bonds | VWENX vs RPIDX | |
| Fidelity Select Energy Portfolio | -0.07 | 0.20 | 0.30 | 79 | Energy Equities | VWENX vs FSENX | |
| Vanguard Commodity Strategy Fund Admiral Shares | -0.02 | 0.12 | 0.19 | 70 | Commodities | VWENX vs VCMDX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04 | 0.20 | 0.25 | 94 | Inflation-Protected Bonds | VWENX vs VTAPX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWENX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWENX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.18, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.18 | 0.03 | 0.15 | 85 | Energy | |
| Chevron Corporation | -0.17 | 0.05 | 0.18 | 83 | Energy | |
| ConocoPhillips Company | -0.17 | 0.04 | 0.17 | 76 | Energy | |
| Altria Group, Inc. | -0.15 | 0.04 | 0.15 | 69 | Consumer Defensive | |
| BP p.l.c. | -0.10 | 0.10 | 0.20 | 87 | Energy |
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