Looking to diversify beyond TLMIX? The mutual funds below have the lowest correlation with TLMIX — 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 TLMIX.
Best Diversifiers for TLMIX
11 mutual funds have low correlation with TLMIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Term Selective State Municipal Bond Portfolio (DFABX) (Municipal Bonds) with a 1Y correlation of 0.05, down from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.05 | 0.24 | — | 100 | Municipal Bonds | TLMIX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 0.11 | 0.22 | 0.33 | 99 | Municipal Bonds | TLMIX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 0.13 | 0.24 | 0.33 | 99 | Municipal Bonds | TLMIX vs DFSMX | |
| Thornburg Global Opportunities Fund | 0.15 | 0.06 | 0.06 | 94 | Foreign Large Cap Equities | TLMIX vs THOIX | |
| DFA California Short Term Municipal Bond Portfolio | 0.15 | 0.26 | 0.36 | 99 | Municipal Bonds | TLMIX vs DFCMX |
See all 22 diversifiers for TLMIX
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