Looking to diversify beyond TLXNX? The mutual funds below have the lowest correlation with TLXNX — 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 TLXNX.
Best Diversifiers for TLXNX
0 mutual funds have low correlation with TLXNX (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 0.76, roughly unchanged from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.76 | 0.75 | 0.72 | 77 | Target Retirement Date | TLXNX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.80 | 0.80 | 0.85 | 61 | Target Retirement Date | TLXNX vs LTTIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.73 | 0.73 | 65 | Target Retirement Date | TLXNX vs FRQIX | |
| Prudential Day One Income Fund | 0.81 | 0.79 | 0.81 | 79 | Target Retirement Date | TLXNX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.81 | 0.71 | 0.69 | 65 | Target Retirement Date | TLXNX vs FRIMX |
See all 64 diversifiers for TLXNX
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