Looking to diversify beyond WEA? The mutual funds below have the lowest correlation with WEA — 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 WEA.
Best Diversifiers for WEA
7 mutual funds have low correlation with WEA (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Advisor Strategic Real Return Fund Class C (FCSRX) (Diversified Portfolio) with a 1Y correlation of 0.13, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.13 | 0.25 | 0.28 | 82 | Diversified Portfolio | WEA vs FCSRX | |
| Standpoint Multi-Asset Fund Institutional | 0.14 | 0.09 | 0.11 | 81 | Diversified Portfolio | WEA vs BLNDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.14 | 0.25 | 0.29 | 88 | Diversified Portfolio | WEA vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.14 | 0.25 | 0.29 | 86 | Diversified Portfolio | WEA vs FSIRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.15 | 0.26 | 0.29 | 88 | Diversified Portfolio | WEA vs FSRKX |
See all 13 diversifiers for WEA
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