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Azzad Wise Capital Fund (WISEX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund invests primarily in fixed income securities issued for payment by international financial institutions, foreign governments, and agencies of foreign governments in transactions structured to be compliant with the fund's ethical investment guidelines. It does not invest in corporations that derive substantial revenue (defined as more than 5% of total revenue) from alcohol, tobacco, pornography, pork, gambling, hydraulic fracturing, private prisons, or weapons industries as determined by the Adviser.

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

Best Diversifiers for WISEX

7 mutual funds have low correlation with WISEX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.11, roughly unchanged from 0.17 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DFCFX
DFA Two-Year Fixed Income Portfolio0.110.040.17
68
Short-Term BondWISEX vs DFCFX
LCCMX
Leader Short Term High Yield Bond Fund0.160.090.31
79
Short-Term BondWISEX vs LCCMX
DFAIX
DFA Short-Duration Real Return Portfolio0.200.100.20
98
Short-Term BondWISEX vs DFAIX
GPARX
GuidePath Absolute Return Allocation Fund0.200.410.46
57
Short-Term BondWISEX vs GPARX
GPICX
GuidepathConservative Income Fund0.210.280.32
99
Short-Term BondWISEX vs GPICX
See all 19 diversifiers for WISEX

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Diversification Analysis

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