Looking to diversify beyond VWESX? The mutual funds below have the lowest correlation with VWESX — 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 VWESX.
Best Diversifiers for VWESX
5 mutual funds have low correlation with VWESX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Strategic Income Opportunities Fund Class I (JSOSX) (Total Bond Market) with a 1Y correlation of 0.12, up from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Strategic Income Opportunities Fund Class... | 0.12 | -0.26 | -0.27 | 99 | Total Bond Market | VWESX vs JSOSX | |
| Vanguard Information Technology Index Fund Admiral... | 0.22 | 0.19 | 0.17 | 74 | Technology Equities | VWESX vs VITAX | |
| Fidelity Flex Conservative Income Bond Fund | 0.23 | 0.22 | 0.21 | 99 | Total Bond Market | VWESX vs FJTDX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.24 | 0.27 | 0.25 | 99 | Total Bond Market | VWESX vs FCNVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.29 | 0.32 | 0.19 | 54 | Mid Cap Value Equities | VWESX vs VMVAX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWESX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWESX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.16, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.16 | 0.20 | 0.16 | 90 | Technology |
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