Looking to diversify beyond WCMEX? The mutual funds below have the lowest correlation with WCMEX — 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 WCMEX.
Best Diversifiers for WCMEX
0 mutual funds have low correlation with WCMEX (below 0.3), 0 of which are negatively correlated. The least correlated is Templeton Emerging Markets Fund (EMF) (Emerging Markets Equities) with a 1Y correlation of 0.64, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Templeton Emerging Markets Fund | 0.64 | 0.70 | 0.74 | 88 | Emerging Markets Equities | WCMEX vs EMF | |
| William Blair Emerging Markets ex China Growth Fun... | 0.74 | 0.69 | — | 90 | Emerging Markets Equities | WCMEX vs WXCIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 0.75 | 0.78 | 0.79 | 66 | Emerging Markets Equities, Emerging Markets Diversified | WCMEX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 0.76 | 0.81 | 0.82 | 76 | Emerging Markets Equities | WCMEX vs FEDGX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 0.76 | 0.81 | 0.82 | 78 | Emerging Markets Equities | WCMEX vs FEDTX |
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