Looking to diversify beyond TISPX? The mutual funds below have the lowest correlation with TISPX — 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 TISPX.
Best Diversifiers for TISPX
4 mutual funds have low correlation with TISPX (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 0.19, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA-CREF Short Term Bond Fund | 0.19 | 0.12 | 0.12 | 81 | Short-Term Bond | TISPX vs TISIX | |
| TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund | 0.21 | 0.15 | 0.11 | 67 | Municipal Bonds | TISPX vs TITIX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.22 | 0.09 | 0.07 | 62 | Short-Term Bond | TISPX vs TNSHX | |
| TIAA-CREF Short Duration Impact Bond Fund | 0.24 | 0.14 | 0.09 | 87 | Short-Term Bond | TISPX vs TSDJX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.15 | 0.13 | 66 | Large Cap Blend Equities | TISPX vs SVPFX |
See all 73 diversifiers for TISPX
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