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
1 mutual funds have low correlation with WSMDX (below 0.3), 0 of which are negatively correlated. The least correlated is William Blair Emerging Markets Small Cap Growth Fund (BESIX) (Emerging Markets Diversified) with a 1Y correlation of 0.29, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| William Blair Emerging Markets Small Cap Growth Fu... | 0.29 | 0.36 | 0.41 | 69 | Emerging Markets Diversified | WSMDX vs BESIX | |
| William Blair Emerging Markets Leaders Fund | 0.35 | 0.43 | 0.51 | 52 | Emerging Markets Diversified | WSMDX vs WBELX | |
| William Blair Emerging Markets Debt Fund | 0.35 | 0.31 | 0.32 | 91 | Emerging Markets Bonds | WSMDX vs WEDIX | |
| William Blair Emerging Markets ex China Growth Fun... | 0.37 | 0.40 | — | 95 | Emerging Markets Equities | WSMDX vs WXCIX | |
| William Blair Emerging Markets Growth Fund | 0.37 | 0.44 | 0.47 | 87 | Emerging Markets Diversified | WSMDX vs WBEIX |
See all 17 diversifiers for WSMDX
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