Looking to diversify beyond TBHDX? The mutual funds below have the lowest correlation with TBHDX — 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 TBHDX.
Best Diversifiers for TBHDX
1 mutual funds have low correlation with TBHDX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Global Technology Fund I Class (PGTIX) (Technology Equities) with a 1Y correlation of 0.26, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 0.26 | 0.32 | 0.39 | 87 | Technology Equities, Global Equities | TBHDX vs PGTIX | |
| Oberweis Global Opportunities Fund | 0.40 | 0.50 | 0.57 | 75 | Global Equities | TBHDX vs OBEGX | |
| T. Rowe Price Global Stock Fund | 0.42 | 0.49 | 0.60 | 70 | Global Equities | TBHDX vs PRGSX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.53 | 0.55 | 0.61 | 51 | Global Equities | TBHDX vs CSUAX | |
| GMO Climate Change Fund | 0.56 | 0.60 | 0.63 | 87 | Global Equities | TBHDX vs GCCHX |
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