Looking to diversify beyond VWIAX? The mutual funds below have historically moved differently from VWIAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VWIAX
13 mutual funds have low correlation with VWIAX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of 0.02, down from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | 0.02 | 0.24 | 0.33 | 88 | Energy Equities | VWIAX vs FSENX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 0.03 | 0.19 | 0.29 | 77 | Diversified Portfolio | VWIAX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.12 | 0.36 | 66 | Diversified Portfolio | VWIAX vs MHELX | |
| Vanguard Energy Index Fund Admiral Shares | 0.04 | 0.25 | 0.33 | 71 | Energy Equities | VWIAX vs VENAX | |
| Fidelity Floating Rate High Income Fund | 0.07 | 0.19 | 0.26 | 94 | Bank Loan | VWIAX vs FFRHX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VWIAX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is BP p.l.c. (BP) (Energy) with a 1Y correlation of -0.07, down from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP p.l.c. | -0.07 | 0.11 | 0.23 | 77 | Energy | |
| Occidental Petroleum Corporation | -0.07 | 0.13 | 0.22 | 68 | Energy | |
| ConocoPhillips Company | -0.07 | 0.13 | 0.24 | 71 | Energy | |
| Exxon Mobil Corporation | -0.06 | 0.14 | 0.24 | 85 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.05 | 0.12 | 0.17 | 82 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VWIAX
Add VWIAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VWIAX