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 | 98 | Ultrashort Bond | TFFYX vs TSDOX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.15 | 0.12 | 72 | 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 | 0.57 | 0.68 | 0.78 | 62 | Large Cap Blend Equities | TFFYX vs RCKSX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.62 | 0.76 | 0.84 | 88 | Large Cap Blend Equities | TFFYX vs RESGX |
See all 37 diversifiers for TFFYX
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