Looking to diversify beyond WGFIX? The mutual funds below have the lowest correlation with WGFIX — 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 WGFIX.
Best Diversifiers for WGFIX
0 mutual funds have low correlation with WGFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.42, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.42 | 0.55 | 0.64 | 81 | Global Equities | WGFIX vs RTXAX | |
| William Blair Emerging Markets Debt Fund | 0.43 | 0.36 | 0.37 | 91 | Emerging Markets Bonds | WGFIX vs WEDIX | |
| Wasatch Global Value Fund Investor Class Shares | 0.48 | 0.47 | 0.58 | 89 | Global Equities | WGFIX vs FMIEX | |
| T. Rowe Price Real Assets Fund | 0.49 | 0.57 | 0.66 | 57 | Global Equities | WGFIX vs PRAFX | |
| William Blair Emerging Markets Small Cap Growth Fu... | 0.50 | 0.48 | 0.51 | 67 | Emerging Markets Diversified | WGFIX vs BESIX |
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