Looking to diversify beyond WIA? The mutual funds below have the lowest correlation with WIA — 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 WIA.
Best Diversifiers for WIA
10 mutual funds have low correlation with WIA (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of -0.05, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | -0.05 | 0.13 | 0.15 | 67 | Inflation-Protected Bonds | WIA vs SEIAX | |
| Allspring Real Return Fund | 0.12 | 0.33 | 0.39 | 82 | Inflation-Protected Bonds | WIA vs IPBAX | |
| SEI Institutional Investments Trust Real Return Fu... | 0.20 | 0.43 | 0.43 | 81 | Inflation-Protected Bonds | WIA vs RRPAX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | 0.20 | 0.41 | — | 89 | Inflation-Protected Bonds | WIA vs FSTZX | |
| American Century Short Duration Inflation Protecti... | 0.21 | 0.44 | 0.44 | 79 | Inflation-Protected Bonds | WIA vs APOIX |
See all 12 diversifiers for WIA
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