Looking to diversify beyond TBLHX? The mutual funds below have the lowest correlation with TBLHX — 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 TBLHX.
Best Diversifiers for TBLHX
0 mutual funds have low correlation with TBLHX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of 0.70, roughly unchanged from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.70 | 0.74 | 0.79 | 55 | Technology Equities | TBLHX vs PRSCX | |
| Dimensional Retirement Income Fund | 0.81 | 0.79 | — | 83 | Target Retirement Date | TBLHX vs TDIFX | |
| T. Rowe Price Capital Appreciation Fund | 0.81 | 0.87 | — | 51 | Diversified Portfolio | TBLHX vs PRWCX | |
| Fidelity Growth Company K6 Fund | 0.82 | 0.80 | — | 80 | Large Cap Growth Equities | TBLHX vs FGKFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.82 | 0.77 | — | 70 | Target Retirement Date | TBLHX vs FRQIX |
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