Looking to diversify beyond WGCFX? The mutual funds below have the lowest correlation with WGCFX — 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 WGCFX.
Best Diversifiers for WGCFX
2 mutual funds have low correlation with WGCFX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.06, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.06 | 0.17 | 0.49 | 67 | Diversified Portfolio | WGCFX vs MHELX | |
| Allspring Ultra Short-Term Income Fund | 0.19 | 0.16 | 0.21 | 98 | Ultrashort Bond | WGCFX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | 0.38 | 0.29 | 0.28 | 81 | Short-Term Bond | WGCFX vs SSHIX | |
| Concorde Wealth Management Fund | 0.42 | 0.62 | 0.72 | 55 | Diversified Portfolio | WGCFX vs CONWX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.43 | 0.41 | 0.45 | 99 | Diversified Portfolio | WGCFX vs STDAX |
See all 32 diversifiers for WGCFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WGCFX
Add WGCFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WGCFX