Looking to diversify beyond WPSGX? The mutual funds below have the lowest correlation with WPSGX — 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 WPSGX.
Best Diversifiers for WPSGX
2 mutual funds have low correlation with WPSGX (below 0.3), 0 of which are negatively correlated. The least correlated is AB Municipal Income Shares (MISHX) (High Yield Muni) with a 1Y correlation of 0.18, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AB Municipal Income Shares | 0.18 | 0.20 | 0.16 | 69 | High Yield Muni | WPSGX vs MISHX | |
| Emerald Insights Fund | 0.27 | 0.66 | 0.77 | 99 | Large Cap Growth Equities | WPSGX vs EFCNX | |
| AB High Income Fund | 0.45 | 0.45 | 0.47 | 73 | High Yield Bonds | WPSGX vs AGDAX | |
| One Rock Fund | 0.51 | 0.63 | 0.71 | 88 | Large Cap Growth Equities | WPSGX vs ONERX | |
| Adams Diversified Equity Fund, Inc. | 0.57 | 0.72 | 0.82 | 73 | Large Cap Growth Equities | WPSGX vs ADX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WPSGX
Add WPSGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WPSGX