Looking to diversify beyond WAIOX? The mutual funds below have historically moved differently from WAIOX, 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 WAIOX
0 mutual funds have low correlation with WAIOX (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 0.41, down from 0.55 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wasatch Global Value Fund Investor Class Shares | 0.41 | 0.48 | 0.55 | 97 | Global Equities | WAIOX vs FMIEX | |
| Kopernik Global All-Cap Fund | 0.44 | 0.42 | 0.51 | 66 | Foreign Small & Mid Cap Equities | WAIOX vs KGGIX | |
| Kopernik Global All-Cap Fund Class A | 0.44 | 0.43 | 0.52 | 65 | Foreign Small & Mid Cap Equities | WAIOX vs KGGAX | |
| AMG Yacktman Special Opportunities Fund | 0.46 | 0.53 | 0.60 | 55 | Foreign Small & Mid Cap Equities | WAIOX vs YASLX | |
| Hood River International Opportunity Fund | 0.58 | 0.64 | — | 72 | Foreign Small & Mid Cap Equities | WAIOX vs HRIOX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WAIOX
Add WAIOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WAIOX