Looking to diversify beyond WMFFX? The mutual funds below have the lowest correlation with WMFFX — 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 WMFFX.
Best Diversifiers for WMFFX
0 mutual funds have low correlation with WMFFX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.39, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.39 | 0.46 | 0.62 | 80 | Large Cap Value Equities | WMFFX vs SVAIX | |
| Hennessy Cornerstone Value Fund | 0.54 | 0.63 | 0.75 | 81 | Large Cap Value Equities | WMFFX vs HFCVX | |
| Lazard Emerging Markets Equity Portfolio | 0.57 | 0.56 | 0.59 | 95 | Emerging Markets Diversified | WMFFX vs LZEMX | |
| JPMorgan Emerging Markets Equity Fund | 0.61 | 0.62 | 0.62 | 91 | Emerging Markets Diversified | WMFFX vs JMIEX | |
| American Funds New World Fund | 0.68 | 0.72 | 0.76 | 69 | Emerging Markets Equities | WMFFX vs NFFFX |
See all 45 diversifiers for WMFFX
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