Looking to diversify beyond TIGRX? The mutual funds below have the lowest correlation with TIGRX — 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 TIGRX.
Best Diversifiers for TIGRX
4 mutual funds have low correlation with TIGRX (below 0.3), 0 of which are negatively correlated. The least correlated is TIAA-CREF Short Term Bond Fund (TISIX) (Short-Term Bond) with a 1Y correlation of 0.14, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA-CREF Short Term Bond Fund | 0.14 | 0.10 | 0.11 | 87 | Short-Term Bond | TIGRX vs TISIX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.17 | 0.08 | 0.05 | 76 | Short-Term Bond | TIGRX vs TNSHX | |
| TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund | 0.18 | 0.13 | 0.10 | 68 | Municipal Bonds | TIGRX vs TITIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.29 | 0.14 | 0.11 | 94 | Large Cap Blend Equities | TIGRX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.34 | 0.42 | 68 | Large Cap Blend Equities | TIGRX vs ORDNX |
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