Looking to diversify beyond WHGHX? The mutual funds below have the lowest correlation with WHGHX — 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 WHGHX.
Best Diversifiers for WHGHX
4 mutual funds have low correlation with WHGHX (below 0.3), 1 of which are negatively correlated. The least correlated is Cliffwater Corporate Lending Fund (CCLFX) (High Yield Bonds) with a 1Y correlation of -0.00, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | -0.00 | 0.11 | 0.09 | 100 | High Yield Bonds | WHGHX vs CCLFX | |
| Pioneer ILS Interval Fund | 0.00 | 0.01 | 0.01 | 100 | High Yield Bonds | WHGHX vs XILSX | |
| RiverPark Short Term High Yield Fund | 0.14 | 0.16 | 0.23 | 100 | High Yield Bonds | WHGHX vs RPHIX | |
| Federated Hermes High-Yield Strategy Portfolio | 0.25 | 0.50 | 0.63 | 71 | High Yield Bonds | WHGHX vs FHYSX | |
| T. Rowe Price Floating Rate Fund | 0.35 | 0.34 | 0.38 | 96 | High Yield Bonds | WHGHX vs PRFRX |
See all 24 diversifiers for WHGHX
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