Looking to diversify beyond WFEAX? The mutual funds below have the lowest correlation with WFEAX — 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 WFEAX.
Best Diversifiers for WFEAX
1 mutual funds have low correlation with WFEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Allspring Ultra Short-Term Income Fund (SADIX) (Ultrashort Bond) with a 1Y correlation of 0.19, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Allspring Ultra Short-Term Income Fund | 0.19 | 0.16 | 0.17 | 98 | Ultrashort Bond | WFEAX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | 0.39 | 0.28 | 0.23 | 82 | Short-Term Bond | WFEAX vs SSHIX | |
| Kopernik International Fund | 0.55 | 0.49 | 0.62 | 81 | Foreign Large Cap Equities | WFEAX vs KGIIX | |
| Allspring Diversified Capital Builder Fund | 0.59 | 0.56 | 0.64 | 97 | Diversified Portfolio | WFEAX vs EKBAX | |
| American Beacon Tocqueville International Value Fu... | 0.61 | 0.65 | 0.76 | 93 | Foreign Large Cap Equities | WFEAX vs TIVFX |
See all 17 diversifiers for WFEAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WFEAX
Add WFEAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WFEAX