Looking to diversify beyond WAGOX? The mutual funds below have the lowest correlation with WAGOX — 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 WAGOX.
Best Diversifiers for WAGOX
0 mutual funds have low correlation with WAGOX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.34, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.34 | 0.41 | 0.51 | 51 | Global Equities | WAGOX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.54 | 0.62 | 0.67 | 76 | Global Equities | WAGOX vs RTXAX | |
| New Alternatives Fund | 0.56 | 0.57 | 0.62 | 59 | Global Equities | WAGOX vs NALFX | |
| Polaris Global Value Fund | 0.57 | 0.67 | 0.70 | 92 | Global Equities | WAGOX vs PGVFX | |
| Wasatch Emerging Markets Small Cap Fund | 0.60 | 0.64 | 0.72 | 62 | Emerging Markets Diversified | WAGOX vs WAEMX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WAGOX
Add WAGOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WAGOX