Looking to diversify beyond WMKGX? The mutual funds below have the lowest correlation with WMKGX — 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 WMKGX.
Best Diversifiers for WMKGX
1 mutual funds have low correlation with WMKGX (below 0.3), 0 of which are negatively correlated. The least correlated is WesMark West Virginia Municipal Bond Fund (WMKMX) (Municipal Bonds) with a 1Y correlation of 0.16, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WesMark West Virginia Municipal Bond Fund | 0.16 | 0.13 | 0.11 | 65 | Municipal Bonds | WMKGX vs WMKMX | |
| Emerald Insights Fund | 0.33 | 0.75 | 0.83 | 99 | Large Cap Growth Equities | WMKGX vs EFCNX | |
| ICON Equity Fund | 0.72 | 0.73 | 0.79 | 76 | Large Cap Growth Equities | WMKGX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.74 | 0.71 | 0.75 | 52 | Large Cap Growth Equities, Foreign Large Cap Equities | WMKGX vs VTMGX | |
| One Rock Fund | 0.74 | 0.78 | 0.80 | 88 | Large Cap Growth Equities | WMKGX vs ONERX |
See all 26 diversifiers for WMKGX
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