Looking to diversify beyond TLAFX? The mutual funds below have the lowest correlation with TLAFX — 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 TLAFX.
Best Diversifiers for TLAFX
2 mutual funds have low correlation with TLAFX (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 0.17, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.17 | 0.14 | 0.11 | 62 | High Yield Muni | TLAFX vs THYIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.26 | 0.12 | 0.11 | 73 | Large Cap Blend Equities | TLAFX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.49 | 0.34 | 0.42 | 72 | Large Cap Blend Equities | TLAFX vs ORDNX | |
| Transamerica Emerging Markets Debt Fund | 0.54 | 0.40 | 0.40 | 87 | Emerging Markets Bonds | TLAFX vs EMTIX | |
| Rock Oak Core Growth Fund | 0.63 | 0.73 | 0.81 | 56 | Large Cap Blend Equities | TLAFX vs RCKSX |
See all 32 diversifiers for TLAFX
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