Looking to diversify beyond WAIGX? The mutual funds below have the lowest correlation with WAIGX — 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 WAIGX.
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.
| 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 | 80 | Foreign Small & Mid Cap Equities | WAIGX vs KGGAX | |
| Kopernik Global All-Cap Fund | 0.49 | 0.44 | 0.53 | 80 | Foreign Small & Mid Cap Equities | WAIGX vs KGGIX | |
| Wasatch Global Value Fund Investor Class Shares | 0.56 | 0.54 | 0.60 | 89 | Global Equities | WAIGX vs FMIEX | |
| Virtus International Small-Cap Fund | 0.70 | 0.73 | 0.78 | 79 | Foreign Small & Mid Cap Equities | WAIGX vs ALOIX | |
| Causeway International Small Cap Fund | 0.71 | 0.73 | 0.74 | 60 | Foreign Small & Mid Cap Equities | WAIGX vs CVISX |
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