Looking to diversify beyond WASMX? The mutual funds below have the lowest correlation with WASMX — 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 WASMX.
Best Diversifiers for WASMX
0 mutual funds have low correlation with WASMX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Emerging Markets Core Equity Fund (DFCEX) (Emerging Markets Diversified) with a 1Y correlation of 0.36, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Emerging Markets Core Equity Fund | 0.36 | 0.45 | 0.51 | 72 | Emerging Markets Diversified | WASMX vs DFCEX | |
| Driehaus Emerging Markets Growth Fund | 0.40 | 0.48 | 0.53 | 87 | Emerging Markets Diversified | WASMX vs DREGX | |
| Tarkio Fund | 0.58 | 0.72 | 0.81 | 60 | Mid Cap Blend Equities | WASMX vs TARKX | |
| Fidelity 500 Index Fund | 0.61 | 0.71 | 0.81 | 52 | S&P 500 | WASMX vs FXAIX | |
| Hodges Fund | 0.61 | 0.69 | 0.76 | 72 | Mid Cap Blend Equities | WASMX vs HDPMX |
See all 24 diversifiers for WASMX
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