Looking to diversify beyond WMRIX? The mutual funds below have the lowest correlation with WMRIX — 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 WMRIX.
Best Diversifiers for WMRIX
19 mutual funds have low correlation with WMRIX (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 0.05, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wilmington Municipal Bond Fund | 0.05 | 0.16 | 0.16 | 65 | Municipal Bonds | WMRIX vs WTAIX | |
| Loomis Sayles Global Allocation Fund | 0.17 | 0.41 | 0.49 | 55 | Global Allocation | WMRIX vs LSWWX | |
| Nuveen Multi-Asset Income Fund | 0.19 | 0.38 | 0.46 | 50 | Global Allocation | WMRIX vs NMAI | |
| Calamos Global Opportunities Fund | 0.20 | 0.38 | 0.50 | 53 | Global Allocation | WMRIX vs CVLOX | |
| Calamos Global Dynamic Income Fund | 0.20 | 0.39 | 0.44 | 71 | Global Allocation | WMRIX vs CHW |
See all 55 diversifiers for WMRIX
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