Looking to diversify beyond WHGLX? The mutual funds below have the lowest correlation with WHGLX — 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 WHGLX.
Best Diversifiers for WHGLX
1 mutual funds have low correlation with WHGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.22, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.22 | 0.60 | 0.79 | 53 | Large Cap Value Equities | WHGLX vs LEIFX | |
| Voya Corporate Leaders Trust Fund | 0.36 | 0.60 | 0.72 | 53 | Large Cap Value Equities | WHGLX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.52 | 0.61 | 0.72 | 70 | Large Cap Value Equities | WHGLX vs SVAIX | |
| Rational Equity Armor Fund | 0.52 | 0.56 | 0.69 | 57 | Large Cap Value Equities | WHGLX vs HDCTX | |
| Buffalo Flexible Income Fund | 0.60 | 0.74 | 0.83 | 71 | Large Cap Value Equities | WHGLX vs BUFBX |
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