Looking to diversify beyond THPMX? The mutual funds below have the lowest correlation with THPMX — 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 THPMX.
Best Diversifiers for THPMX
0 mutual funds have low correlation with THPMX (below 0.3), 0 of which are negatively correlated. The least correlated is Thompson Bond Fund (THOPX) (Short-Term Bond) with a 1Y correlation of 0.36, up from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Thompson Bond Fund | 0.36 | 0.25 | 0.19 | 89 | Short-Term Bond | THPMX vs THOPX | |
| Quantified Common Ground Fund | 0.67 | 0.76 | 0.78 | 53 | Mid Cap Blend Equities | THPMX vs QCGDX | |
| Tarkio Fund | 0.69 | 0.78 | 0.85 | 68 | Mid Cap Blend Equities | THPMX vs TARKX | |
| Gotham Enhanced Return Fund | 0.72 | 0.73 | 0.79 | 75 | Mid Cap Blend Equities | THPMX vs GENIX | |
| Paradigm Select Fund | 0.74 | 0.80 | 0.86 | 92 | Mid Cap Blend Equities | THPMX vs PFSLX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from THPMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THPMX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.25, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.25 | 0.34 | 0.49 | 72 | Technology |
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