PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond TIREX? The mutual funds below have historically moved differently from TIREX, 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 TIREX

36 mutual funds have low correlation with TIREX (below 0.3), 1 of which are negatively correlated.

How candidates are selected

See all 66 diversifiers for TIREX

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 TIREX, 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 0.63, roughly unchanged from 0.69 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Welltower Inc.0.630.670.69
88
Real Estate

Rows per page

1–1 of 1

Diversification Analysis

Build a portfolio that complements TIREX

Add TIREX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with TIREX