Looking to diversify beyond TAAFX? The mutual funds below have the lowest correlation with TAAFX — 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 TAAFX.
Best Diversifiers for TAAFX
2 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 0.07, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.07 | 0.19 | 0.52 | 63 | Diversified Portfolio | TAAFX vs MHELX | |
| Transamerica High Yield Muni | 0.27 | 0.26 | 0.23 | 56 | High Yield Muni | TAAFX vs THYIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.57 | 0.62 | 95 | Diversified Portfolio | TAAFX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.58 | 0.62 | 96 | Diversified Portfolio | TAAFX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.36 | 0.58 | 0.62 | 96 | Diversified Portfolio | TAAFX vs FSIRX |
See all 25 diversifiers for TAAFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
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