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
1 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 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.19 | 0.57 | 0.76 | 67 | Large Cap Value Equities | VWNFX vs LEIFX | |
| Federated Hermes Strategic Value Dividend Fund | 0.42 | 0.50 | 0.63 | 80 | Large Cap Value Equities | VWNFX vs SVAIX | |
| Vanguard Information Technology Index Fund Admiral... | 0.57 | 0.67 | 0.77 | 66 | Technology Equities | VWNFX vs VITAX | |
| Hennessy Cornerstone Value Fund | 0.58 | 0.68 | 0.76 | 81 | Large Cap Value Equities | VWNFX vs HFCVX | |
| Baron Partners Fund | 0.60 | 0.62 | 0.67 | 52 | Large Cap Growth Equities | VWNFX vs BPTRX |
See all 46 diversifiers for VWNFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements VWNFX
Add VWNFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VWNFX