Looking to diversify beyond TMSRX? The mutual funds below have the lowest correlation with TMSRX — 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 TMSRX.
Best Diversifiers for TMSRX
37 mutual funds have low correlation with TMSRX (below 0.3), 9 of which are negatively correlated. The least correlated is GuideStone Funds Strategic Alternatives Fund (GFSYX) (Multistrategy) with a 1Y correlation of -0.13, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Strategic Alternatives Fund | -0.13 | -0.06 | -0.12 | 86 | Multistrategy | TMSRX vs GFSYX | |
| AQR Style Premia Alternative R6 | -0.08 | 0.04 | -0.06 | 71 | Multistrategy | TMSRX vs QSPRX | |
| AQR Style Premia Alternative Fund | -0.07 | 0.04 | -0.06 | 78 | Multistrategy | TMSRX vs QSPIX | |
| AQR Diversified Arbitrage Fund Class N | -0.07 | 0.08 | 0.14 | 99 | Multistrategy | TMSRX vs ADANX | |
| AQR Style Premia Alternative Fund Class N | -0.06 | 0.03 | -0.06 | 76 | Multistrategy | TMSRX vs QSPNX |
See all 45 diversifiers for TMSRX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TMSRX
Add TMSRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TMSRX