Looking to diversify beyond WBEIX? The mutual funds below have the lowest correlation with WBEIX — 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 WBEIX.
Best Diversifiers for WBEIX
0 mutual funds have low correlation with WBEIX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.46, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.46 | 0.63 | 0.69 | 87 | Emerging Markets Diversified | WBEIX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | 0.64 | 0.64 | 0.69 | 62 | Emerging Markets Diversified | WBEIX vs WAEMX | |
| Parametric Tax-Managed Emerging Markets Fund | 0.70 | 0.73 | 0.75 | 75 | Emerging Markets Diversified | WBEIX vs EITEX | |
| Parametric Emerging Markets Fund | 0.71 | 0.73 | 0.75 | 73 | Emerging Markets Diversified | WBEIX vs EAEMX | |
| Fidelity Emerging Markets Index Fund | 0.74 | 0.79 | 0.79 | 85 | Emerging Markets Diversified | WBEIX vs FPADX |
See all 19 diversifiers for WBEIX
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