Looking to diversify beyond KTCAX? The mutual funds below have the lowest correlation with KTCAX — 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 KTCAX.
Best Diversifiers for KTCAX
10 mutual funds have low correlation with KTCAX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Health Care Fund Investor Shares (VGHCX) (Health & Biotech Equities) with a 1Y correlation of 0.11, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Health Care Fund Investor Shares | 0.11 | 0.29 | 0.46 | 66 | Health & Biotech Equities | KTCAX vs VGHCX | |
| DWS RREEF Real Assets Fund | 0.12 | 0.28 | 0.41 | 54 | Global Allocation | KTCAX vs AAAZX | |
| DWS RREEF Real Assets Fund - Class A | 0.12 | 0.28 | 0.42 | 52 | Diversified Portfolio | KTCAX vs AAAAX | |
| DWS Short Term Municipal Bond Fund | 0.15 | 0.08 | 0.08 | 70 | Municipal Bonds | KTCAX vs MGSMX | |
| DWS California Tax | 0.16 | 0.10 | 0.11 | 75 | Municipal Bonds | KTCAX vs KCTAX |
See all 51 diversifiers for KTCAX
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