Looking to diversify beyond TANDX? The mutual funds below have the lowest correlation with TANDX — 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 TANDX.
Best Diversifiers for TANDX
23 mutual funds have low correlation with TANDX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT All Cap Core Fund (QIACX) (Large Cap Blend Equities) with a 1Y correlation of 0.11, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT All Cap Core Fund | 0.11 | 0.36 | 0.59 | 51 | Large Cap Blend Equities | TANDX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.11 | 0.36 | 0.59 | 51 | Large Cap Blend Equities | TANDX vs QKACX | |
| North Square Preferred and Income Securities Fund | 0.17 | 0.26 | 0.32 | 69 | Large Cap Blend Equities | TANDX vs ORDNX | |
| Archer Multi Cap Fund | 0.23 | 0.48 | 0.63 | 78 | Large Cap Blend Equities | TANDX vs ALSMX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.23 | 0.16 | 0.16 | 95 | Large Cap Blend Equities | TANDX vs SVPFX |
See all 156 diversifiers for TANDX
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