Looking to diversify beyond WCQGX? The mutual funds below have the lowest correlation with WCQGX — 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 WCQGX.
Best Diversifiers for WCQGX
0 mutual funds have low correlation with WCQGX (below 0.3), 0 of which are negatively correlated. The least correlated is Morgan Stanley China A Share Fund (CAF) (China Equities) with a 1Y correlation of 0.55, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Morgan Stanley China A Share Fund | 0.55 | 0.61 | 0.67 | 89 | China Equities | WCQGX vs CAF | |
| WCM Focused International Value Fund | 0.59 | 0.54 | 0.54 | 59 | Foreign Large Cap Equities | WCQGX vs WLIVX | |
| WCM Focused Emerging Markets Fund | 0.69 | 0.71 | 0.76 | 74 | Emerging Markets Diversified | WCQGX vs WFEMX | |
| Matthews China Small Companies Fund | 0.72 | 0.80 | 0.82 | 94 | China Equities | WCQGX vs MCSMX | |
| BlackRock China A Opportunities Fund | 0.73 | 0.73 | 0.76 | 81 | China Equities | WCQGX vs CHILX |
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