Looking to diversify beyond WAIGX? The mutual funds below have historically moved differently from WAIGX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for WAIGX
0 mutual funds have low correlation with WAIGX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik Global All-Cap Fund Class A (KGGAX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.49, roughly unchanged from 0.53 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik Global All-Cap Fund Class A | 0.49 | 0.44 | 0.53 | 60 | Foreign Small & Mid Cap Equities | WAIGX vs KGGAX | |
| Kopernik Global All-Cap Fund | 0.49 | 0.44 | 0.53 | 61 | Foreign Small & Mid Cap Equities | WAIGX vs KGGIX | |
| Wasatch Global Value Fund Investor Class Shares | 0.49 | 0.52 | 0.59 | 97 | Global Equities | WAIGX vs FMIEX | |
| Pear Tree Polaris International Opportunities Fund | 0.49 | 0.58 | 0.65 | 53 | Foreign Small & Mid Cap Equities | WAIGX vs QISIX | |
| AMG Yacktman Special Opportunities Fund | 0.50 | 0.55 | 0.62 | 50 | Foreign Small & Mid Cap Equities | WAIGX vs YASLX |
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