Looking to diversify beyond WFCMX? The mutual funds below have the lowest correlation with WFCMX — 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 WFCMX.
Best Diversifiers for WFCMX
20 mutual funds have low correlation with WFCMX (below 0.3), 0 of which are negatively correlated. The least correlated is AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) (Systematic Trend) with a 1Y correlation of 0.00, up from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.00 | -0.13 | -0.24 | 60 | Systematic Trend | WFCMX vs ASFYX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.05 | 0.00 | 0.00 | 95 | Long-Short | WFCMX vs BDMIX | |
| BlackRock Technology Opportunities Fund Investor A | 0.09 | 0.08 | 0.10 | 66 | Technology Equities | WFCMX vs BGSAX | |
| DFA Short Term Municipal Bond Portfolio | 0.10 | 0.25 | 0.34 | 99 | Municipal Bonds | WFCMX vs DFSMX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.11 | 0.08 | 0.10 | 70 | Large Cap Growth Equities | WFCMX vs NASDX |
See all 28 diversifiers for WFCMX
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