Looking to diversify beyond TAAFX? The mutual funds below have historically moved differently from TAAFX, 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 TAAFX
1 mutual funds have low correlation with TAAFX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.03, down from 0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.03 | 0.14 | 0.49 | 66 | Diversified Portfolio | TAAFX vs MHELX | |
| Transamerica High Yield Muni | 0.34 | 0.27 | 0.24 | 89 | High Yield Muni | TAAFX vs THYIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.55 | 0.60 | 89 | Diversified Portfolio | TAAFX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.55 | 0.60 | 91 | Diversified Portfolio | TAAFX vs FIQDX | |
| Fidelity Strategic Real Return Fund | 0.35 | 0.55 | 0.61 | 95 | Diversified Portfolio | TAAFX vs FSRRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TAAFX
Add TAAFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TAAFX