Looking to diversify beyond WSHFX? The mutual funds below have historically moved differently from WSHFX, 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 WSHFX
0 mutual funds have low correlation with WSHFX (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 | WSHFX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund | 0.36 | 0.57 | 0.74 | 53 | Large Cap Blend Equities | WSHFX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.36 | 0.57 | 0.74 | 50 | Large Cap Blend Equities | WSHFX vs QKACX | |
| Intrepid Income Fund | 0.48 | 0.43 | 0.40 | 97 | Multisector Bonds, High Yield Bonds, Actively Managed | WSHFX vs ICMUX | |
| North Square Preferred and Income Securities Fund | 0.49 | 0.35 | 0.41 | 59 | Preferred Stock | WSHFX vs ORDNX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WSHFX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.00, down from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.00 | 0.16 | 0.33 | 90 | Consumer Defensive | |
| PepsiCo, Inc. | 0.04 | 0.20 | 0.31 | 50 | Consumer Defensive |
Build a portfolio that complements WSHFX
Add WSHFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WSHFX