Looking to diversify beyond TAMBX? The mutual funds below have historically moved differently from TAMBX, 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 TAMBX
14 mutual funds have low correlation with TAMBX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Disciplined Value Global Long/Short F... | 0.15 | — | — | 94 | Long-Short | TAMBX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.18 | 0.18 | 0.16 | 96 | Multistrategy | TAMBX vs JAAAX | |
| DFA Short Term Municipal Bond Portfolio | 0.21 | 0.25 | 0.35 | 100 | Municipal Bonds | TAMBX vs DFSMX | |
| John Hancock Small Cap Core Fund | 0.22 | 0.13 | 0.11 | 65 | Small Cap Blend Equities | TAMBX vs JCCIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.24 | 0.16 | 0.14 | 60 | Large Cap Blend Equities | TAMBX vs JFIVX |
See all 26 diversifiers for TAMBX
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