Looking to diversify beyond TFCYX? The mutual funds below have the lowest correlation with TFCYX — 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 TFCYX.
Best Diversifiers for TFCYX
407 mutual funds have low correlation with TFCYX (below 0.3), 17 of which are negatively correlated. The least correlated is AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) (Systematic Trend) with a 1Y correlation of -0.17, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AlphaSimplex Managed Futures Strategy Fund Class Y | -0.17 | -0.08 | -0.06 | 60 | Systematic Trend | TFCYX vs ASFYX | |
| Fidelity Asset Manager 85% Fund | -0.09 | 0.00 | 0.01 | 75 | Diversified Portfolio | TFCYX vs FAMRX | |
| Fidelity Asset Manager 70% Fund | -0.09 | -0.00 | 0.01 | 76 | Diversified Portfolio | TFCYX vs FASGX | |
| BlackRock LifePath Index 2055 Fund | -0.08 | -0.00 | 0.01 | 67 | Target Retirement Date | TFCYX vs LIVIX | |
| BlackRock Technology Opportunities Fund Investor A | -0.08 | -0.01 | 0.01 | 66 | Technology Equities | TFCYX vs BGSAX |
See all 462 diversifiers for TFCYX
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