Looking to diversify beyond WAFMX? The mutual funds below have the lowest correlation with WAFMX — 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 WAFMX.
Best Diversifiers for WAFMX
0 mutual funds have low correlation with WAFMX (below 0.3), 0 of which are negatively correlated. The least correlated is UBS Emerging Markets Equity Opportunity Fund (EMPTX) (Emerging Markets Diversified) with a 1Y correlation of 0.40, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS Emerging Markets Equity Opportunity Fund | 0.40 | 0.48 | 0.55 | 92 | Emerging Markets Diversified | WAFMX vs EMPTX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.41 | 0.55 | 0.61 | 87 | Emerging Markets Diversified | WAFMX vs ESCIX | |
| Wasatch Global Value Fund Investor Class Shares | 0.42 | 0.40 | 0.49 | 86 | Global Equities | WAFMX vs FMIEX | |
| Cullen Emerging Markets High Dividend Fund | 0.47 | 0.54 | 0.59 | 89 | Emerging Markets Diversified | WAFMX vs CEMFX | |
| Delaware Emerging Markets Fund | 0.47 | 0.52 | 0.59 | 98 | Emerging Markets Diversified | WAFMX vs DEMIX |
See all 28 diversifiers for WAFMX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WAFMX
Add WAFMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WAFMX