Looking to diversify beyond LTUSX? The mutual funds below have historically moved differently from LTUSX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LTUSX
5 mutual funds have low correlation with LTUSX (below 0.3), 0 of which are negatively correlated. The least correlated is Thornburg Global Opportunities Fund (THOIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Thornburg Global Opportunities Fund | 0.17 | 0.15 | 0.09 | 89 | Foreign Large Cap Equities | LTUSX vs THOIX | |
| GMO U.S. Treasury Fund | 0.18 | 0.17 | 0.12 | 99 | Government Bonds | LTUSX vs GUSTX | |
| Thornburg Investment Income Builder Fund | 0.22 | 0.26 | 0.17 | 98 | Global Allocation | LTUSX vs TIBAX | |
| Thornburg Investment Income Builder Fund Class I | 0.22 | 0.25 | 0.17 | 98 | Diversified Portfolio | LTUSX vs TIBIX | |
| Federated Hermes Adjustable Rate Fund | 0.29 | 0.52 | 0.52 | 99 | Government Bonds | LTUSX vs FEUGX |
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