Looking to diversify beyond THIMX? The mutual funds below have the lowest correlation with THIMX — 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 THIMX.
Best Diversifiers for THIMX
15 mutual funds have low correlation with THIMX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.01, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.01 | 0.21 | 0.21 | 96 | Municipal Bonds | THIMX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.05 | 0.20 | 0.22 | 95 | Municipal Bonds | THIMX vs DMREX | |
| Thornburg Developing World Fund | 0.14 | 0.11 | 0.11 | 87 | Emerging Markets Diversified | THIMX vs THDIX | |
| Thornburg Global Opportunities Fund | 0.16 | 0.14 | 0.08 | 94 | Foreign Large Cap Equities | THIMX vs THOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.17 | 0.28 | — | 100 | Municipal Bonds | THIMX vs DFABX |
See all 33 diversifiers for THIMX
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