Looking to diversify beyond WIORX? The mutual funds below have the lowest correlation with WIORX — 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 WIORX.
Best Diversifiers for WIORX
3 mutual funds have low correlation with WIORX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of 0.07, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.07 | 0.27 | 0.21 | 99 | Multisector Bonds | WIORX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.13 | 0.28 | 0.21 | 99 | Multisector Bonds | WIORX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 0.24 | 0.23 | 0.23 | 97 | Multisector Bonds | WIORX vs CBLDX | |
| Wilshire Small Company Value Portfolio | 0.38 | 0.30 | 0.26 | 75 | Small Cap Blend Equities | WIORX vs DTSVX | |
| Wilshire 5000 Index Portfolio | 0.39 | 0.28 | 0.28 | 59 | Large Cap Blend Equities | WIORX vs WFIVX |
See all 19 diversifiers for WIORX
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