Looking to diversify beyond WTLTX? The mutual funds below have the lowest correlation with WTLTX — 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 WTLTX.
Best Diversifiers for WTLTX
3 mutual funds have low correlation with WTLTX (below 0.3), 0 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 0.02 | 0.01 | 0.02 | 100 | High Yield Bonds | WTLTX vs XILSX | |
| Cliffwater Corporate Lending Fund | 0.07 | 0.10 | 0.10 | 100 | High Yield Bonds | WTLTX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.11 | 0.17 | 0.24 | 99 | High Yield Bonds | WTLTX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 0.30 | 0.32 | 0.39 | 96 | High Yield Bonds | WTLTX vs PRFRX | |
| Segall Bryant & Hamill Colorado Tax Free Fund | 0.37 | 0.42 | 0.42 | 86 | Municipal Bonds | WTLTX vs WTCOX |
See all 30 diversifiers for WTLTX
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