Looking to diversify beyond WSMDX? The mutual funds below have the lowest correlation with WSMDX — 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 WSMDX.
Best Diversifiers for WSMDX
0 mutual funds have low correlation with WSMDX (below 0.3), 0 of which are negatively correlated. The least correlated is William Blair Emerging Markets Debt Fund (WEDIX) (Emerging Markets Bonds) with a 1Y correlation of 0.39, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| William Blair Emerging Markets Debt Fund | 0.39 | 0.33 | 0.33 | 93 | Emerging Markets Bonds | WSMDX vs WEDIX | |
| William Blair Emerging Markets ex China Growth Fun... | 0.42 | 0.42 | — | 89 | Emerging Markets Equities | WSMDX vs WXCIX | |
| William Blair Emerging Markets Growth Fund | 0.44 | 0.46 | 0.49 | 66 | Emerging Markets Diversified | WSMDX vs WBEIX | |
| DFA U.S. Targeted Value Portfolio Institutional Cl... | 0.77 | 0.82 | 0.82 | 75 | Small Cap Value Equities | WSMDX vs DFFVX | |
| Vanguard Institutional Index Fund Institutional Sh... | 0.81 | 0.81 | 0.84 | 69 | S&P 500, Large Cap Blend Equities | WSMDX vs VINIX |
See all 16 diversifiers for WSMDX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WSMDX
Add WSMDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WSMDX