Looking to diversify beyond WEFIX? The mutual funds below have the lowest correlation with WEFIX — 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 WEFIX.
Best Diversifiers for WEFIX
9 mutual funds have low correlation with WEFIX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of -0.02, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | -0.02 | -0.01 | 0.34 | 68 | Short-Term Bond | WEFIX vs DFCFX | |
| Blackstone Alternative Multi-Strategy Fund | 0.12 | 0.12 | 0.11 | 99 | Multistrategy | WEFIX vs BXMIX | |
| Causeway Emerging Markets Fund | 0.18 | 0.04 | 0.07 | 89 | Emerging Markets Diversified | WEFIX vs CEMIX | |
| DFA Short-Duration Real Return Portfolio | 0.23 | 0.24 | 0.39 | 98 | Short-Term Bond | WEFIX vs DFAIX | |
| GuidePath Absolute Return Allocation Fund | 0.23 | 0.53 | 0.61 | 57 | Short-Term Bond | WEFIX vs GPARX |
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