Looking to diversify beyond TFITX? The mutual funds below have the lowest correlation with TFITX — 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 TFITX.
Best Diversifiers for TFITX
0 mutual funds have low correlation with TFITX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.77, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.77 | 0.77 | 0.74 | 77 | Target Retirement Date | TFITX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.81 | 0.81 | 0.86 | 61 | Target Retirement Date | TFITX vs LTTIX | |
| Prudential Day One Income Fund | 0.82 | 0.81 | 0.82 | 79 | Target Retirement Date | TFITX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.82 | 0.73 | 0.71 | 65 | Target Retirement Date | TFITX vs FRIMX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.82 | 0.74 | 0.74 | 70 | Target Retirement Date | TFITX vs FRQHX |
See all 72 diversifiers for TFITX
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