Looking to diversify beyond WAGSX? The mutual funds below have the lowest correlation with WAGSX — 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 WAGSX.
Best Diversifiers for WAGSX
1 mutual funds have low correlation with WAGSX (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 0.29, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.29 | 0.40 | 0.52 | 51 | Global Equities | WAGSX vs CSUAX | |
| Polaris Global Value Fund | 0.48 | 0.62 | 0.68 | 92 | Global Equities | WAGSX vs PGVFX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.49 | 0.60 | 0.66 | 76 | Global Equities | WAGSX vs RTXAX | |
| New Alternatives Fund | 0.57 | 0.57 | 0.64 | 59 | Global Equities | WAGSX vs NALFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.58 | 0.54 | 0.60 | 86 | Global Equities | WAGSX vs FMIEX |
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