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TETON Westwood Mighty Mites Fund (WEMMX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
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The fund primarily invests in common stocks of smaller companies that have a market capitalization of $500 million or less at the time of the fund's initial investment. It focuses on micro-cap companies which appear to be underpriced relative to their "private market value." Private market value is the value which the sub-adviser believes informed investors would be willing to pay to acquire a company. The fund may also invest up to 25% of its total assets in foreign securities and in European Depositary Receipts ("EDRs") or American Depositary Receipts ("ADRs").

Looking to diversify beyond WEMMX? The mutual funds below have historically moved differently from WEMMX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for WEMMX

0 mutual funds have low correlation with WEMMX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Core Fund (QISCX) (Small Cap Blend Equities) with a 1Y correlation of 0.34, down from 0.74 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QISCX
Federated Hermes MDT Small Cap Core Fund0.340.580.74
67
Small Cap Blend EquitiesWEMMX vs QISCX
DFISX
DFA International Small Company Portfolio0.650.630.67
60
Foreign Small & Mid Cap Equities, Small Cap Blend EquitiesWEMMX vs DFISX
JESIX
John Hancock Variable Insurance Trust Small Cap In...0.670.800.86
85
Small Cap Blend EquitiesWEMMX vs JESIX
AUERX
Auer Growth Fund0.690.730.77
91
Small Cap Blend EquitiesWEMMX vs AUERX
HFCGX
Hennessy Cornerstone Growth Fund0.700.780.78
53
Small Cap Blend EquitiesWEMMX vs HFCGX
See all 117 diversifiers for WEMMX

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