Looking to diversify beyond THLIX? The mutual funds below have the lowest correlation with THLIX — 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 THLIX.
Best Diversifiers for THLIX
5 mutual funds have low correlation with THLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.14, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.14 | 0.19 | 0.26 | 79 | Short-Term Bond | THLIX vs LCCMX | |
| DFA Two-Year Fixed Income Portfolio | 0.15 | 0.04 | 0.35 | 100 | Short-Term Bond | THLIX vs DFCFX | |
| GuidePath Absolute Return Allocation Fund | 0.24 | 0.58 | 0.65 | 61 | Short-Term Bond | THLIX vs GPARX | |
| Thrivent Large Cap Value Fund | 0.26 | 0.16 | 0.13 | 89 | Large Cap Value Equities | THLIX vs AAUTX | |
| GuidepathConservative Income Fund | 0.30 | 0.36 | 0.44 | 99 | Short-Term Bond | THLIX vs GPICX |
See all 28 diversifiers for THLIX
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