Looking to diversify beyond TIVFX? The mutual funds below have historically moved differently from TIVFX, 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 TIVFX
2 mutual funds have low correlation with TIVFX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.23, down from 0.54 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.23 | 0.35 | 0.54 | 87 | Foreign Large Cap Equities | TIVFX vs IVFIX | |
| GQG Partners International Quality Dividend Income... | 0.25 | 0.50 | 0.60 | 65 | Quality Factor, Foreign Large Cap Equities | TIVFX vs GQJPX | |
| American Beacon TwentyFour Sustainable Short Term ... | 0.35 | 0.23 | 0.27 | 59 | Short-Term Bond | TIVFX vs TFBYX | |
| American Beacon TwentyFour Strategic Income Fund | 0.40 | 0.28 | 0.35 | 52 | Multisector Bonds | TIVFX vs TFGPX | |
| PIMCO RAE PLUS International Fund | 0.41 | 0.47 | 0.57 | 94 | Foreign Large Cap Equities | TIVFX vs PTSIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TIVFX
Add TIVFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TIVFX