Looking to diversify beyond WFEMX? The mutual funds below have the lowest correlation with WFEMX — 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 WFEMX.
Best Diversifiers for WFEMX
0 mutual funds have low correlation with WFEMX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.51, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.51 | 0.66 | 0.71 | 87 | Emerging Markets Diversified | WFEMX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.60 | 0.71 | 0.75 | 92 | Emerging Markets Diversified | WFEMX vs EMPTX | |
| Cullen Emerging Markets High Dividend Fund | 0.65 | 0.74 | 0.75 | 89 | Emerging Markets Diversified | WFEMX vs CEMFX | |
| Wasatch Emerging Markets Small Cap Fund | 0.66 | 0.65 | 0.72 | 62 | Emerging Markets Diversified | WFEMX vs WAEMX | |
| WCM Focused International Value Fund | 0.73 | 0.78 | 0.79 | 59 | Foreign Large Cap Equities | WFEMX vs WLIVX |
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