Looking to diversify beyond WMBLX? The mutual funds below have the lowest correlation with WMBLX — 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 WMBLX.
Best Diversifiers for WMBLX
2 mutual funds have low correlation with WMBLX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.06, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.06 | 0.16 | 0.46 | 67 | Diversified Portfolio | WMBLX vs MHELX | |
| WesMark West Virginia Municipal Bond Fund | 0.27 | 0.23 | 0.18 | 64 | Municipal Bonds | WMBLX vs WMKMX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.42 | 0.57 | 0.61 | 82 | Diversified Portfolio | WMBLX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.42 | 0.57 | 0.62 | 88 | Diversified Portfolio | WMBLX vs FIQDX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.42 | 0.57 | 0.62 | 88 | Diversified Portfolio | WMBLX vs FSRKX |
See all 30 diversifiers for WMBLX
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