Looking to diversify beyond WAEMX? The mutual funds below have the lowest correlation with WAEMX — 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 WAEMX.
Best Diversifiers for WAEMX
0 mutual funds have low correlation with WAEMX (below 0.3), 0 of which are negatively correlated. The least correlated is Wasatch Global Value Fund Investor Class Shares (FMIEX) (Global Equities) with a 1Y correlation of 0.35, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wasatch Global Value Fund Investor Class Shares | 0.35 | 0.36 | 0.46 | 89 | Global Equities | WAEMX vs FMIEX | |
| Pzena Emerging Markets Value Fund | 0.40 | 0.39 | 0.48 | 78 | Emerging Markets Diversified | WAEMX vs PZVEX | |
| Calamos Market Neutral Income Fund Institutional C... | 0.40 | 0.40 | 0.51 | 98 | WAEMX vs CMNIX | ||
| SA Emerging Markets Value Fund | 0.42 | 0.42 | 0.50 | 93 | Emerging Markets Diversified | WAEMX vs SAEMX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.43 | 0.47 | 0.56 | 94 | Emerging Markets Diversified | WAEMX vs EMPTX |
See all 157 diversifiers for WAEMX
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