Looking to diversify beyond TMBTX? The mutual funds below have the lowest correlation with TMBTX — 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 TMBTX.
Best Diversifiers for TMBTX
1 mutual funds have low correlation with TMBTX (below 0.3), 0 of which are negatively correlated. The least correlated is Transamerica Small Cap Value (TSLTX) (Small Cap Value Equities) with a 1Y correlation of 0.21, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica Small Cap Value | 0.21 | 0.20 | 0.11 | 86 | Small Cap Value Equities | TMBTX vs TSLTX | |
| Transamerica Asset Allocation Growth Portfolio Fun... | 0.32 | 0.25 | 0.16 | 53 | Diversified Portfolio | TMBTX vs IAAAX | |
| Transamerica Asset Allocation Moderate Growth Port... | 0.39 | 0.36 | 0.27 | 54 | Diversified Portfolio | TMBTX vs IMLAX | |
| Transamerica Asset Allocation Moderate Portfolio F... | 0.48 | 0.49 | 0.40 | 55 | Diversified Portfolio | TMBTX vs IMOAX | |
| Transamerica Emerging Markets Debt Fund | 0.49 | 0.54 | 0.51 | 87 | Emerging Markets Bonds | TMBTX vs EMTIX |
See all 8 diversifiers for TMBTX
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