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Wireless Fund (WIREX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The fund, under normal market conditions, invests at least 80% of its assets in the securities of companies engaged in the development, production, or distribution of wireless related products or services. It invests primarily in growth companies whose revenues and earnings are likely to grow faster than the economy as a whole, offering above-average prospects for capital appreciation and little or no emphasis on dividend income.

Looking to diversify beyond WIREX? The mutual funds below have the lowest correlation with WIREX — 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 WIREX.

Best Diversifiers for WIREX

0 mutual funds have low correlation with WIREX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.40, roughly unchanged from 0.50 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ARKVX
ARK Venture Fund0.400.50—
98
Technology EquitiesWIREX vs ARKVX
GTTIX
Gabelli Global Content & Connectivity Fund Class I0.490.540.65
82
Technology EquitiesWIREX vs GTTIX
ALTEX
Firsthand Alternative Energy Fund0.640.590.65
56
Technology EquitiesWIREX vs ALTEX
STK
Columbia Seligman Premium Technology Growth Closed...0.740.750.80
98
Technology EquitiesWIREX vs STK
ICTEX
ICON Health and Information Technology Fund0.760.710.77
86
Technology EquitiesWIREX vs ICTEX
See all 20 diversifiers for WIREX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from WIREX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WIREX and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.03, down from 0.24 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
LLY
Eli Lilly and Company0.030.220.24
72
Healthcare

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Diversification Analysis

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