Looking to diversify beyond WAESX? The mutual funds below have the lowest correlation with WAESX — 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 WAESX.
Best Diversifiers for WAESX
0 mutual funds have low correlation with WAESX (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 0.42, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wasatch Global Value Fund Investor Class Shares | 0.42 | 0.42 | 0.50 | 86 | Global Equities | WAESX vs FMIEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.45 | 0.54 | 0.62 | 92 | Emerging Markets Diversified | WAESX vs EMPTX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.50 | 0.64 | 0.69 | 87 | Emerging Markets Diversified | WAESX vs ESCIX | |
| Delaware Emerging Markets Fund | 0.55 | 0.62 | 0.69 | 98 | Emerging Markets Diversified | WAESX vs DEMIX | |
| Wasatch Micro Cap Value Fund | 0.57 | 0.57 | 0.63 | 52 | Small Cap Growth Equities | WAESX vs WAMVX |
See all 30 diversifiers for WAESX
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