Looking to diversify beyond TEMUX? The mutual funds below have the lowest correlation with TEMUX — 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 TEMUX.
Best Diversifiers for TEMUX
1 mutual funds have low correlation with TEMUX (below 0.3), 0 of which are negatively correlated. The least correlated is Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) (Ultrashort Bond) with a 1Y correlation of 0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | 0.01 | -0.03 | -0.01 | 99 | Ultrashort Bond | TEMUX vs MUIIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.46 | 0.64 | 0.71 | 85 | Emerging Markets Diversified | TEMUX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | 0.63 | 0.60 | 0.67 | 61 | Emerging Markets Diversified | TEMUX vs WAEMX | |
| Cullen Emerging Markets High Dividend Fund | 0.70 | 0.75 | 0.80 | 92 | Emerging Markets Diversified | TEMUX vs CEMFX | |
| Driehaus Emerging Markets Small Cap Growth Fund | 0.70 | 0.69 | 0.74 | 78 | Emerging Markets Diversified | TEMUX vs DRESX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TEMUX
Add TEMUX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TEMUX