Looking to diversify beyond TBIIX? The mutual funds below have historically moved differently from TBIIX, 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 TBIIX
4 mutual funds have low correlation with TBIIX (below 0.3), 0 of which are negatively correlated. The least correlated is TIAA-CREF Social Choice Equity Fund (TISCX) (Large Cap Blend Equities) with a 1Y correlation of 0.27, up from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA-CREF Social Choice Equity Fund | 0.27 | 0.21 | 0.16 | 54 | Large Cap Blend Equities | TBIIX vs TISCX | |
| TIAA-CREF Quant Small/Mid-Cap Equity Fund | 0.28 | 0.22 | 0.15 | 86 | Small Cap Blend Equities | TBIIX vs TSMWX | |
| TIAA-CREF Life Funds Large-Cap Value Fund | 0.30 | 0.20 | 0.11 | 95 | Large Cap Value Equities | TBIIX vs TLLVX | |
| Schwab S&P 500 Index Fund | 0.30 | 0.20 | 0.15 | 69 | Large Cap Blend Equities, S&P 500 | TBIIX vs SWPPX | |
| TIAA-CREF Quant Small-Cap Equity Fund | 0.31 | 0.21 | 0.15 | 87 | Small Cap Blend Equities | TBIIX vs TISEX |
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