Looking to diversify beyond VWNEX? The mutual funds below have the lowest correlation with VWNEX — 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 VWNEX.
Best Diversifiers for VWNEX
1 mutual funds have low correlation with VWNEX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.17, down from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.17 | 0.58 | 0.78 | 53 | Large Cap Value Equities | VWNEX vs LEIFX | |
| Voya Corporate Leaders Trust Fund | 0.35 | 0.59 | 0.70 | 53 | Large Cap Value Equities | VWNEX vs LEXCX | |
| Spectrum Low Volatility Fund | 0.42 | 0.39 | 0.38 | 53 | Nontraditional Bonds | VWNEX vs SVARX | |
| Vanguard Information Technology Index Fund Admiral... | 0.49 | 0.50 | 0.62 | 81 | Technology Equities | VWNEX vs VITAX | |
| Federated Hermes Strategic Value Dividend Fund | 0.50 | 0.63 | 0.73 | 70 | Large Cap Value Equities | VWNEX vs SVAIX |
See all 56 diversifiers for VWNEX
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