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Wasatch International Opportunities Fund (WAIOX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks long-term growth of capital. The fund invests primarily in foreign micro-cap companies. It will invest its assets primarily in the equity securities of foreign micro-capitalization companies. The fund may invest a significant amount of its total assets at the time of purchase in securities issued by companies domiciled in emerging markets and frontier markets. It may invest a large percentage of its assets in a few sectors, including communication services, consumer staples, financials, health care, industrials, and information technology.

Looking to diversify beyond WAIOX? The mutual funds below have the lowest correlation with WAIOX — 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 WAIOX.

Best Diversifiers for WAIOX

0 mutual funds have low correlation with WAIOX (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 0.43, roughly unchanged from 0.51 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
KGGAX
Kopernik Global All-Cap Fund Class A0.430.420.51
81
Foreign Small & Mid Cap EquitiesWAIOX vs KGGAX
KGGIX
Kopernik Global All-Cap Fund0.430.420.51
82
Foreign Small & Mid Cap EquitiesWAIOX vs KGGIX
FMIEX
Wasatch Global Value Fund Investor Class Shares0.460.490.55
90
Global EquitiesWAIOX vs FMIEX
HRIOX
Hood River International Opportunity Fund0.570.630.68
96
Foreign Small & Mid Cap EquitiesWAIOX vs HRIOX
HRIIX
Hood River International Opportunity Fund Investor...0.57——
96
Foreign Small & Mid Cap EquitiesWAIOX vs HRIIX
See all 15 diversifiers for WAIOX

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