Looking to diversify beyond TMIFX? The mutual funds below have the lowest correlation with TMIFX — 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 TMIFX.
Best Diversifiers for TMIFX
1 mutual funds have low correlation with TMIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Transamerica High Yield Muni (THYIX) (High Yield Muni) with a 1Y correlation of 0.22, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.22 | 0.14 | 0.13 | 82 | High Yield Muni | TMIFX vs THYIX | |
| Transamerica Emerging Markets Debt Fund | 0.46 | 0.40 | 0.40 | 89 | Emerging Markets Bonds | TMIFX vs EMTIX | |
| Vanguard Wellesley Income Fund Admiral Shares | 0.56 | 0.55 | 0.56 | 53 | Diversified Portfolio | TMIFX vs VWIAX | |
| Transamerica Small Cap Value | 0.69 | 0.71 | 0.74 | 88 | Small Cap Value Equities | TMIFX vs TSLTX | |
| Needham Growth Fund | 0.72 | 0.75 | 0.81 | 81 | Mid Cap Growth Equities | TMIFX vs NEEGX |
See all 12 diversifiers for TMIFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TMIFX
Add TMIFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TMIFX