Looking to diversify beyond TLXIX? The mutual funds below have the lowest correlation with TLXIX — 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 TLXIX.
Best Diversifiers for TLXIX
0 mutual funds have low correlation with TLXIX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.78, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 77 | Target Retirement Date | TLXIX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.82 | 0.83 | 0.88 | 61 | Target Retirement Date | TLXIX vs LTTIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.83 | 0.77 | 0.76 | 65 | Target Retirement Date | TLXIX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.83 | 0.76 | 0.73 | 65 | Target Retirement Date | TLXIX vs FRIMX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.83 | 0.77 | 0.77 | 70 | Target Retirement Date | TLXIX vs FRQHX |
See all 69 diversifiers for TLXIX
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