Looking to diversify beyond VWNFX? The mutual funds below have the lowest correlation with VWNFX — 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 VWNFX.
Best Diversifiers for VWNFX
2 mutual funds have low correlation with VWNFX (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 0.19, down from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.19 | 0.58 | 0.77 | 53 | Large Cap Value Equities | VWNFX vs LEIFX | |
| Voya Corporate Leaders Trust Fund | 0.29 | 0.51 | 0.65 | 52 | Large Cap Value Equities | VWNFX vs LEXCX | |
| Fidelity Advisor Large Cap Fund Class I | 0.48 | 0.79 | 0.89 | 62 | Large Cap Value Equities | VWNFX vs FALIX | |
| Fidelity Advisor Large Cap Fund Class C | 0.48 | 0.79 | 0.89 | 60 | Large Cap Value Equities | VWNFX vs FLCCX | |
| Fidelity Advisor Large Cap Fund Class M | 0.48 | 0.79 | 0.89 | 61 | Large Cap Value Equities | VWNFX vs FALGX |
See all 43 diversifiers for VWNFX
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