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Looking to diversify beyond WSTCX? The mutual funds below have the lowest correlation with WSTCX — 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 WSTCX.

Best Diversifiers for WSTCX

0 mutual funds have low correlation with WSTCX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.43, down from 0.57 over 3 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from WSTCX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WSTCX and solid risk/return profiles. The least correlated is Hycroft Mining Holding Corporation (HYMC) (Basic Materials) with a 1Y correlation of 0.19, roughly unchanged from 0.23 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Hycroft Mining Holding Corporation0.190.170.23
98
Basic Materials
Silvercorp Metals Inc.0.320.260.28
92
Basic Materials
Hecla Mining Company0.350.320.32
90
Basic Materials
Planet Labs PBC0.400.450.48
99
Industrials

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Diversification Analysis

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