Looking to diversify beyond TIBFX? The mutual funds below have historically moved differently from TIBFX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TIBFX
1 mutual funds have low correlation with TIBFX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Strategic Income Opportunities Fund Class I (JSOSX) (Total Bond Market) with a 1Y correlation of 0.23, up from -0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Strategic Income Opportunities Fund Class... | 0.23 | -0.21 | -0.26 | 99 | Total Bond Market | TIBFX vs JSOSX | |
| TIAA-CREF Small-Cap Blend Index Fund | 0.30 | 0.23 | 0.19 | 79 | Small Cap Blend Equities | TIBFX vs TISBX | |
| TIAA-CREF Large-Cap Value Index Fund | 0.31 | 0.24 | 0.19 | 94 | Large Cap Value Equities | TIBFX vs TILVX | |
| Fidelity Flex Conservative Income Bond Fund | 0.32 | 0.30 | 0.31 | 100 | Total Bond Market | TIBFX vs FJTDX | |
| T. Rowe Price U.S. Equity Research Fund | 0.32 | 0.21 | 0.18 | 56 | Large Cap Blend Equities | TIBFX vs PRCOX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TIBFX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.08, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.08 | 0.22 | 0.19 | 89 | Real Estate |
Build a portfolio that complements TIBFX
Add TIBFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TIBFX