Looking to diversify beyond VWIAX? The mutual funds below have the lowest correlation with VWIAX — 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 VWIAX.
Best Diversifiers for VWIAX
10 mutual funds have low correlation with VWIAX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.04, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.16 | 0.37 | 64 | Diversified Portfolio | VWIAX vs MHELX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 0.08 | 0.25 | 0.32 | 73 | Diversified Portfolio | VWIAX vs SIFAX | |
| Fidelity Select Energy Portfolio | 0.08 | 0.30 | 0.35 | 79 | Energy Equities | VWIAX vs FSENX | |
| Fidelity Floating Rate High Income Fund | 0.13 | 0.21 | 0.27 | 92 | High Yield Bonds | VWIAX vs FFRHX | |
| AQR Long-Short Equity Fund | 0.22 | 0.22 | 0.23 | 53 | Long-Short | VWIAX vs QLEIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWIAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWIAX and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.01, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.01 | 0.20 | 0.27 | 69 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.01 | 0.15 | 0.18 | 86 | Energy | |
| BP p.l.c. | -0.00 | 0.16 | 0.23 | 87 | Energy | |
| ConocoPhillips Company | 0.01 | 0.16 | 0.24 | 76 | Energy | |
| Exxon Mobil Corporation | 0.01 | 0.19 | 0.26 | 85 | Energy |
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Build a portfolio that complements VWIAX
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