Looking to diversify beyond TEOJX? The mutual funds below have the lowest correlation with TEOJX — 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 TEOJX.
Best Diversifiers for TEOJX
1 mutual funds have low correlation with TEOJX (below 0.3), 0 of which are negatively correlated. The least correlated is Transamerica High Yield Muni (THYIX) (High Yield Muni) with a 1Y correlation of 0.16, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.16 | 0.12 | 0.11 | 67 | High Yield Muni | TEOJX vs THYIX | |
| Transamerica Small Cap Value | 0.46 | 0.48 | 0.51 | 90 | Small Cap Value Equities | TEOJX vs TSLTX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.47 | 0.63 | 0.69 | 87 | Emerging Markets Diversified | TEOJX vs ESCIX | |
| Transamerica Emerging Markets Debt Fund | 0.57 | 0.49 | 0.49 | 88 | Emerging Markets Bonds | TEOJX vs EMTIX | |
| Wasatch Emerging Markets Small Cap Fund | 0.65 | 0.61 | 0.66 | 62 | Emerging Markets Diversified | TEOJX vs WAEMX |
See all 26 diversifiers for TEOJX
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