Looking to diversify beyond WAMFX? The mutual funds below have historically moved differently from WAMFX, 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 WAMFX
0 mutual funds have low correlation with WAMFX (below 0.3), 0 of which are negatively correlated. The least correlated is Tarkio Fund (TARKX) (Mid Cap Blend Equities) with a 1Y correlation of 0.49, down from 0.77 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tarkio Fund | 0.49 | 0.68 | 0.77 | 65 | Mid Cap Blend Equities | WAMFX vs TARKX | |
| Paradigm Select Fund | 0.52 | 0.67 | 0.77 | 90 | Mid Cap Blend Equities | WAMFX vs PFSLX | |
| Hodges Fund | 0.53 | 0.64 | 0.73 | 59 | Mid Cap Blend Equities | WAMFX vs HDPMX | |
| Fidelity SAI Small-Mid Cap 500 Index Fund | 0.55 | 0.76 | 0.84 | 68 | Mid Cap Blend Equities | WAMFX vs FZFLX | |
| Bridgeway Aggressive Investors 1 Fund | 0.56 | 0.66 | 0.77 | 55 | Mid Cap Blend Equities | WAMFX vs BRAGX |
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