Looking to diversify beyond TMBTX? The mutual funds below have historically moved differently from TMBTX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.28, up from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica Small Cap Value | 0.28 | 0.20 | 0.13 | 93 | Small Cap Value Equities | TMBTX vs TSLTX | |
| Transamerica Small/Mid Cap Value Fund | 0.33 | 0.24 | 0.16 | 76 | Mid Cap Value Equities | TMBTX vs IIVAX | |
| Transamerica Large Value Opportunities | 0.34 | 0.22 | 0.15 | 67 | Large Cap Value Equities | TMBTX vs TLOFX | |
| Transamerica Asset Allocation Growth Portfolio Fun... | 0.39 | 0.25 | 0.18 | 56 | Diversified Portfolio | TMBTX vs IAAAX | |
| Transamerica International Equity | 0.43 | 0.30 | 0.23 | 78 | Foreign Large Cap Equities | TMBTX vs TSWIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TMBTX
Add TMBTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TMBTX