Looking to diversify beyond TLLIX? The mutual funds below have the lowest correlation with TLLIX — 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 TLLIX.
Best Diversifiers for TLLIX
4 mutual funds have low correlation with TLLIX (below 0.3), 0 of which are negatively correlated. The least correlated is TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund (TITIX) (Municipal Bonds) with a 1Y correlation of 0.25, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund | 0.25 | 0.20 | 0.15 | 66 | Municipal Bonds | TLLIX vs TITIX | |
| TIAA-CREF Short Term Bond Fund | 0.25 | 0.19 | 0.19 | 81 | Short-Term Bond | TLLIX vs TISIX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.26 | 0.14 | 0.12 | 68 | Short-Term Bond | TLLIX vs TNSHX | |
| TIAA-CREF Short Duration Impact Bond Fund | 0.30 | 0.20 | 0.15 | 86 | Short-Term Bond | TLLIX vs TSDJX | |
| TIAA-CREF Emerging Markets Debt Fund | 0.57 | 0.45 | 0.44 | 66 | Emerging Markets Bonds | TLLIX vs TEDNX |
See all 97 diversifiers for TLLIX
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Diversification Analysis
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