Looking to diversify beyond VWINX? The mutual funds below have historically moved differently from VWINX, 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 VWINX
14 mutual funds have low correlation with VWINX (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 0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.12 | 0.36 | 68 | Diversified Portfolio | VWINX vs MHELX | |
| Fidelity Select Energy Portfolio | 0.04 | 0.25 | 0.33 | 87 | Energy Equities | VWINX vs FSENX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 0.07 | 0.20 | 0.30 | 83 | Diversified Portfolio | VWINX vs SIFAX | |
| Fidelity Floating Rate High Income Fund | 0.08 | 0.20 | 0.26 | 93 | Bank Loan | VWINX vs FFRHX | |
| AQR Long-Short Equity Fund | 0.18 | 0.21 | 0.22 | 77 | Long-Short | VWINX vs QLEIX |
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 VWINX, 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 | 83 | Energy | |
| Occidental Petroleum Corporation | -0.07 | 0.13 | 0.22 | 68 | Energy | |
| ConocoPhillips Company | -0.07 | 0.14 | 0.24 | 73 | Energy | |
| Exxon Mobil Corporation | -0.06 | 0.16 | 0.25 | 85 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.06 | 0.12 | 0.17 | 84 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VWINX
Add VWINX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VWINX