Looking to diversify beyond TMLPX? The mutual funds below have the lowest correlation with TMLPX — 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 TMLPX.
Best Diversifiers for TMLPX
10 mutual funds have low correlation with TMLPX (below 0.3), 3 of which are negatively correlated. The least correlated is Transamerica High Yield Muni (THYIX) (High Yield Muni) with a 1Y correlation of -0.11, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | -0.11 | 0.05 | 0.04 | 62 | High Yield Muni | TMLPX vs THYIX | |
| Transamerica Emerging Markets Debt Fund | -0.09 | 0.15 | 0.24 | 87 | Emerging Markets Bonds | TMLPX vs EMTIX | |
| Transamerica Asset Allocation Moderate Portfolio F... | -0.02 | 0.34 | 0.49 | 55 | Diversified Portfolio | TMLPX vs IMOAX | |
| Transamerica Asset Allocation Moderate Growth Port... | 0.00 | 0.35 | 0.51 | 54 | Diversified Portfolio | TMLPX vs IMLAX | |
| Transamerica Asset Allocation Growth Portfolio Fun... | 0.02 | 0.36 | 0.52 | 53 | Diversified Portfolio | TMLPX vs IAAAX |
See all 29 diversifiers for TMLPX
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