Looking to diversify beyond WMKTX? The mutual funds below have the lowest correlation with WMKTX — 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 WMKTX.
Best Diversifiers for WMKTX
2 mutual funds have low correlation with WMKTX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.05, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.05 | 0.19 | 0.14 | 75 | Tactical Allocation | WMKTX vs PBAIX | |
| WesMark West Virginia Municipal Bond Fund | 0.28 | 0.25 | 0.22 | 64 | Municipal Bonds | WMKTX vs WMKMX | |
| AQR Diversifying Strategies Fund Class N | 0.42 | 0.34 | 0.16 | 88 | Tactical Allocation | WMKTX vs QDSNX | |
| Quantified Evolution Plus Fund | 0.50 | 0.58 | 0.44 | 80 | Tactical Allocation | WMKTX vs QEVOX | |
| Quantified STF Fund | 0.53 | 0.53 | 0.42 | 59 | Tactical Allocation | WMKTX vs QSTFX |
See all 28 diversifiers for WMKTX
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