Looking to diversify beyond WSBFX? The mutual funds below have the lowest correlation with WSBFX — 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 WSBFX.
Best Diversifiers for WSBFX
1 mutual funds have low correlation with WSBFX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.04, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.15 | 0.47 | 75 | Diversified Portfolio | WSBFX vs MHELX | |
| Fidelity Strategic Real Return Fund | 0.33 | 0.48 | 0.56 | 86 | Diversified Portfolio | WSBFX vs FSRRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.33 | 0.48 | 0.56 | 88 | Diversified Portfolio | WSBFX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.49 | 0.56 | 82 | Diversified Portfolio | WSBFX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.49 | 0.56 | 87 | Diversified Portfolio | WSBFX vs FIQDX |
See all 27 diversifiers for WSBFX
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