Looking to diversify beyond WEDIX? The mutual funds below have the lowest correlation with WEDIX — 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 WEDIX.
Best Diversifiers for WEDIX
1 mutual funds have low correlation with WEDIX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.24, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.24 | 0.26 | 0.31 | 63 | Emerging Markets Bonds | WEDIX vs EDF | |
| William Blair Emerging Markets Small Cap Growth Fu... | 0.42 | 0.33 | 0.35 | 65 | Emerging Markets Diversified | WEDIX vs BESIX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.50 | 0.57 | 0.62 | 98 | Emerging Markets Bonds | WEDIX vs DBLLX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.58 | 0.45 | 0.49 | 98 | Emerging Markets Bonds | WEDIX vs EELDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.60 | 0.45 | 0.49 | 98 | Emerging Markets Bonds | WEDIX vs EIDOX |
See all 17 diversifiers for WEDIX
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