Looking to diversify beyond WISGX? The mutual funds below have the lowest correlation with WISGX — 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 WISGX.
Best Diversifiers for WISGX
2 mutual funds have low correlation with WISGX (below 0.3), 0 of which are negatively correlated. The least correlated is Segall Bryant & Hamill Colorado Tax Free Fund (WTCOX) (Municipal Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Segall Bryant & Hamill Colorado Tax Free Fund | 0.19 | 0.13 | 0.13 | 86 | Municipal Bonds | WISGX vs WTCOX | |
| Segall Bryant & Hamill Municipal Opportunities Fun... | 0.20 | 0.15 | 0.14 | 85 | Municipal Bonds | WISGX vs WITAX | |
| Segall Bryant & Hamill Quality High Yield Fund | 0.52 | 0.49 | 0.50 | 88 | High Yield Bonds | WISGX vs WTLTX | |
| Segall Bryant & Hamill Emerging Markets Fund | 0.60 | 0.58 | 0.60 | 88 | Emerging Markets Diversified | WISGX vs SBEMX | |
| Driehaus Micro Cap Growth Fund | 0.79 | 0.86 | 0.88 | 83 | Small Cap Growth Equities | WISGX vs DMCRX |
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