Looking to diversify beyond VWITX? The mutual funds below have the lowest correlation with VWITX — 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 VWITX.
Best Diversifiers for VWITX
29 mutual funds have low correlation with VWITX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.03, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.03 | 0.16 | 0.21 | 91 | Municipal Bonds | VWITX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.02 | 0.19 | 0.23 | 93 | Municipal Bonds | VWITX vs DMREX | |
| Vanguard Information Technology Index Fund Admiral... | 0.06 | 0.07 | 0.08 | 56 | Technology Equities | VWITX vs VITAX | |
| Fidelity Focused Stock Fund | 0.13 | 0.07 | 0.07 | 66 | Large Cap Growth Equities | VWITX vs FTQGX | |
| Vanguard Growth and Income Fund Admiral Shares | 0.16 | 0.12 | 0.09 | 53 | Large Cap Blend Equities | VWITX vs VGIAX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWITX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWITX and solid risk/return profiles. The least correlated is M&T Bank Corporation (MTB) (Financial Services) with a 1Y correlation of 0.04, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| M&T Bank Corporation | 0.04 | 0.02 | -0.02 | 78 | Financial Services | |
| Delta Air Lines, Inc. | 0.11 | 0.04 | 0.02 | 83 | Industrials |
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