Looking to diversify beyond THYUX? The mutual funds below have the lowest correlation with THYUX — 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 THYUX.
Best Diversifiers for THYUX
6 mutual funds have low correlation with THYUX (below 0.3), 2 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.10, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10 | -0.04 | 0.00 | 100 | High Yield Bonds | THYUX vs XILSX | |
| Cliffwater Corporate Lending Fund | -0.01 | 0.07 | 0.10 | 100 | High Yield Bonds | THYUX vs CCLFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | 0.04 | 0.06 | 0.04 | 99 | Ultrashort Bond | THYUX vs MUIIX | |
| RiverPark Short Term High Yield Fund | 0.11 | 0.18 | 0.27 | 99 | High Yield Bonds | THYUX vs RPHIX | |
| Federated Hermes High-Yield Strategy Portfolio | 0.29 | 0.51 | 0.66 | 69 | High Yield Bonds | THYUX vs FHYSX |
See all 21 diversifiers for THYUX
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