Looking to diversify beyond WOBDX? The mutual funds below have the lowest correlation with WOBDX — 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 WOBDX.
Best Diversifiers for WOBDX
3 mutual funds have low correlation with WOBDX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology Index Fund Admiral Shares (VITAX) (Technology Equities) with a 1Y correlation of 0.20, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.20 | 0.12 | 0.10 | 65 | Technology Equities | WOBDX vs VITAX | |
| JPMorgan Emerging Markets Equity Fund Class I | 0.21 | 0.13 | 0.08 | 91 | Emerging Markets Equities | WOBDX vs JEMSX | |
| JPMorgan Equity Income Fund R6 | 0.30 | 0.20 | 0.11 | 77 | Large Cap Value Equities, Dividend | WOBDX vs OIEJX | |
| Vanguard 500 Index Fund Admiral Shares | 0.32 | 0.20 | 0.13 | 66 | S&P 500, Large Cap Blend Equities | WOBDX vs VFIAX | |
| Vanguard Small-Cap Index Fund Admiral Shares | 0.37 | 0.25 | 0.15 | 55 | Small Cap Blend Equities | WOBDX vs VSMAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WOBDX
Add WOBDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WOBDX