Looking to diversify beyond WAISX? The mutual funds below have the lowest correlation with WAISX — 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 WAISX.
Best Diversifiers for WAISX
0 mutual funds have low correlation with WAISX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.34, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.34 | 0.45 | 0.54 | 61 | Foreign Large Cap Equities | WAISX vs IVFIX | |
| SA International Value Fund | 0.54 | 0.51 | 0.55 | 89 | Foreign Large Cap Equities | WAISX vs SAHMX | |
| Wasatch Global Value Fund Investor Class Shares | 0.54 | 0.54 | 0.58 | 91 | Global Equities | WAISX vs FMIEX | |
| Thornburg Global Opportunities Fund | 0.54 | 0.62 | 0.66 | 86 | Foreign Large Cap Equities | WAISX vs THOIX | |
| EuroPac International Dividend Income Fund | 0.56 | 0.54 | 0.55 | 76 | Foreign Large Cap Equities | WAISX vs EPDIX |
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