Looking to diversify beyond WMLIX? The mutual funds below have the lowest correlation with WMLIX — 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 WMLIX.
Best Diversifiers for WMLIX
5 mutual funds have low correlation with WMLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Wilmington Municipal Bond Fund (WTAIX) (Municipal Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wilmington Municipal Bond Fund | 0.11 | 0.14 | 0.11 | 65 | Municipal Bonds | WMLIX vs WTAIX | |
| Wilmington Real Asset Fund | 0.22 | 0.43 | 0.52 | 84 | Global Allocation | WMLIX vs WMRIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.26 | 0.14 | 0.12 | 73 | Large Cap Blend Equities | WMLIX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund | 0.29 | 0.62 | 0.80 | 56 | Large Cap Blend Equities | WMLIX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.29 | 0.62 | 0.80 | 56 | Large Cap Blend Equities | WMLIX vs QKACX |
See all 40 diversifiers for WMLIX
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