Looking to diversify beyond WCMEX? The mutual funds below have historically moved differently from WCMEX, 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 WCMEX
2 mutual funds have low correlation with WCMEX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.15, down from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.15 | 0.46 | 0.56 | 51 | Foreign Large Cap Equities, Emerging Markets Equities | WCMEX vs GSIYX | |
| The Cook & Bynum Fund | 0.16 | 0.34 | 0.42 | 70 | Emerging Markets Equities | WCMEX vs COBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.43 | 0.64 | 0.70 | 91 | Emerging Markets Equities | WCMEX vs ESCIX | |
| Templeton Emerging Markets Fund | 0.66 | 0.71 | 0.74 | 80 | Emerging Markets Equities | WCMEX vs EMF | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 0.69 | 0.71 | 0.76 | 52 | Emerging Markets Equities, Low Volatility | WCMEX vs FGKPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WCMEX
Add WCMEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WCMEX