Looking to diversify beyond WOGSX? The mutual funds below have historically moved differently from WOGSX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for WOGSX
0 mutual funds have low correlation with WOGSX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.32, up from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.15 | 0.13 | 97 | Large Cap Blend Equities | WOGSX vs SVPFX | |
| Live Oak Health Sciences Fund | 0.34 | 0.45 | 0.54 | 78 | Health & Biotech Equities | WOGSX vs LOGSX | |
| Vanguard Health Care Fund Admiral Shares | 0.37 | 0.49 | 0.59 | 76 | Health & Biotech Equities | WOGSX vs VGHAX | |
| North Square Preferred and Income Securities Fund | 0.49 | 0.35 | 0.40 | 59 | Preferred Stock | WOGSX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.59 | 0.67 | 0.76 | 89 | Large Cap Blend Equities | WOGSX vs RCKSX |
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