Looking to diversify beyond TIHBX? The mutual funds below have the lowest correlation with TIHBX — 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 TIHBX.
Best Diversifiers for TIHBX
1 mutual funds have low correlation with TIHBX (below 0.3), 0 of which are negatively correlated. The least correlated is Transamerica High Yield Muni (THYIX) (High Yield Muni) with a 1Y correlation of 0.26, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.26 | 0.19 | 0.15 | 67 | High Yield Muni | TIHBX vs THYIX | |
| Kopernik International Fund | 0.57 | 0.49 | 0.60 | 54 | Foreign Large Cap Equities | TIHBX vs KGIIX | |
| Transamerica Small Cap Value | 0.62 | 0.61 | 0.65 | 90 | Small Cap Value Equities | TIHBX vs TSLTX | |
| Thornburg Global Opportunities Fund | 0.63 | 0.71 | 0.77 | 91 | Foreign Large Cap Equities | TIHBX vs THOIX | |
| Transamerica Emerging Markets Debt Fund | 0.64 | 0.54 | 0.54 | 88 | Emerging Markets Bonds | TIHBX vs EMTIX |
See all 20 diversifiers for TIHBX
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