Looking to diversify beyond TNMIX? The mutual funds below have the lowest correlation with TNMIX — 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 TNMIX.
Best Diversifiers for TNMIX
11 mutual funds have low correlation with TNMIX (below 0.3), 2 of which are negatively correlated. The least correlated is Stone Ridge Diversified Alternatives Fund (SRDAX) (Multistrategy) with a 1Y correlation of -0.14, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Stone Ridge Diversified Alternatives Fund | -0.14 | -0.16 | -0.14 | 83 | Multistrategy | TNMIX vs SRDAX | |
| GMO Alternative Allocation Fund | -0.04 | 0.10 | 0.16 | 66 | Multistrategy | TNMIX vs GAAVX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.02 | 0.07 | 0.06 | 100 | Multistrategy | TNMIX vs SRRIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.10 | 0.07 | 0.05 | 98 | Multistrategy | TNMIX vs SHRIX | |
| FS Credit Income Fund Class I | 0.11 | 0.30 | 0.42 | 97 | Multistrategy | TNMIX vs FCRIX |
See all 36 diversifiers for TNMIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TNMIX
Add TNMIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TNMIX