Looking to diversify beyond TFAQX? The mutual funds below have the lowest correlation with TFAQX — 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 TFAQX.
Best Diversifiers for TFAQX
3 mutual funds have low correlation with TFAQX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of 0.03, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | 0.03 | 0.23 | 0.18 | 76 | Tactical Allocation | TFAQX vs PBAIX | |
| Hussman Strategic Total Return Fund | 0.25 | 0.24 | 0.27 | 92 | Tactical Allocation | TFAQX vs HSTRX | |
| Quantified Evolution Plus Fund | 0.29 | 0.48 | 0.40 | 90 | Tactical Allocation | TFAQX vs QEVOX | |
| PIMCO All Asset All Authority Fund | 0.38 | 0.32 | 0.40 | 76 | Tactical Allocation | TFAQX vs PAUIX | |
| AQR Diversifying Strategies Fund Class N | 0.42 | 0.30 | 0.10 | 93 | Tactical Allocation | TFAQX vs QDSNX |
See all 22 diversifiers for TFAQX
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