Looking to diversify beyond TFFYX? The mutual funds below have the lowest correlation with TFFYX — 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 TFFYX.
Best Diversifiers for TFFYX
1 mutual funds have low correlation with TFFYX (below 0.3), 0 of which are negatively correlated. The least correlated is Touchstone Ultra Short Duration Fixed Income Fund (TSDOX) (Ultrashort Bond) with a 1Y correlation of 0.16, up from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Touchstone Ultra Short Duration Fixed Income Fund | 0.16 | 0.06 | 0.03 | 99 | Ultrashort Bond | TFFYX vs TSDOX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.30 | 0.16 | 0.13 | 95 | Large Cap Blend Equities | TFFYX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.35 | 0.40 | 69 | Large Cap Blend Equities | TFFYX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.55 | 0.68 | 0.78 | 78 | Large Cap Blend Equities | TFFYX vs RCKSX | |
| T. Rowe Price New Asia Fund | 0.58 | 0.57 | 0.59 | 69 | Asia Pacific Equities | TFFYX vs PRASX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TFFYX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TFFYX and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.16 | 0.05 | 0.22 | 82 | Consumer Defensive | |
| Merck & Co., Inc. | 0.05 | 0.08 | 0.13 | 90 | Healthcare | |
| GE Vernova Inc. | 0.40 | — | — | 90 | Industrials | |
| General Electric Company | 0.44 | 0.49 | 0.55 | 80 | Industrials |
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