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 Wasatch Global Value Fund Investor Class Shares (FMIEX) (Global Equities) with a 1Y correlation of 0.50, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wasatch Global Value Fund Investor Class Shares | 0.50 | 0.52 | 0.59 | 91 | Global Equities | WAIGX vs FMIEX | |
| Causeway International Small Cap Fund | 0.68 | 0.72 | 0.74 | 51 | Foreign Small & Mid Cap Equities | WAIGX vs CVISX | |
| Virtus International Small-Cap Fund | 0.70 | 0.73 | 0.78 | 84 | Foreign Small & Mid Cap Equities | WAIGX vs ALOIX | |
| Hood River International Opportunity Fund Investor... | 0.73 | — | — | 91 | Foreign Small & Mid Cap Equities | WAIGX vs HRIIX | |
| Hood River International Opportunity Fund | 0.73 | 0.70 | — | 91 | Foreign Small & Mid Cap Equities | WAIGX vs HRIOX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WAIGX
Add WAIGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WAIGX