Looking to diversify beyond TEDNX? The mutual funds below have the lowest correlation with TEDNX — 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 TEDNX.
Best Diversifiers for TEDNX
0 mutual funds have low correlation with TEDNX (below 0.3), 0 of which are negatively correlated. The least correlated is TIAA-CREF Large-Cap Value Index Fund (TILVX) (Large Cap Value Equities) with a 1Y correlation of 0.42, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA-CREF Large-Cap Value Index Fund | 0.42 | 0.34 | 0.35 | 83 | Large Cap Value Equities | TEDNX vs TILVX | |
| TIAA-CREF Small-Cap Blend Index Fund | 0.42 | 0.37 | 0.34 | 64 | Small Cap Blend Equities | TEDNX vs TISBX | |
| TIAA-CREF Social Choice Equity Fund | 0.46 | 0.36 | 0.37 | 59 | Large Cap Blend Equities | TEDNX vs TISCX | |
| TIAA-CREF Equity Index Fund | 0.50 | 0.37 | 0.37 | 70 | Large Cap Blend Equities | TEDNX vs TIEIX | |
| Fidelity Flex 500 Index Fund | 0.50 | 0.35 | 0.36 | 70 | Large Cap Blend Equities | TEDNX vs FDFIX |
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