PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond VWILX? The mutual funds below have historically moved differently from VWILX, 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 VWILX

9 mutual funds have low correlation with VWILX (below 0.3), 2 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.10, down from 0.25 over 5 years.

How candidates are selected

See all 186 diversifiers for VWILX

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 VWILX, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.28, down from 0.02 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.28-0.060.02
66
Consumer Defensive
Duke Energy Corporation-0.25-0.12-0.01
56
Utilities
Devon Energy Corporation-0.240.050.16
76
Energy
Chubb Limited-0.24-0.020.11
89
Financial Services
ConocoPhillips Company-0.23-0.020.12
72
Energy
See all 141 low-correlation stocks for VWILX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements VWILX

Add VWILX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with VWILX