Looking to diversify beyond TFSCX? The mutual funds below have the lowest correlation with TFSCX — 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 TFSCX.
Best Diversifiers for TFSCX
0 mutual funds have low correlation with TFSCX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Class A1 (FKINX) (Diversified Portfolio) with a 1Y correlation of 0.53, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Class A1 | 0.53 | 0.57 | 0.63 | 82 | Diversified Portfolio | TFSCX vs FKINX | |
| Franklin Income Fund Advisor Class | 0.56 | 0.57 | 0.64 | 87 | Diversified Portfolio | TFSCX vs FRIAX | |
| Hood River International Opportunity Fund | 0.67 | 0.68 | — | 96 | Foreign Small & Mid Cap Equities | TFSCX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 0.67 | — | — | 96 | Foreign Small & Mid Cap Equities | TFSCX vs HRIIX | |
| Lazard International Small Cap Equity Portfolio | 0.74 | 0.83 | 0.87 | 75 | Foreign Small & Mid Cap Equities | TFSCX vs LZISX |
See all 9 diversifiers for TFSCX
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