Looking to diversify beyond TOHAX? The mutual funds below have the lowest correlation with TOHAX — 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 TOHAX.
Best Diversifiers for TOHAX
12 mutual funds have low correlation with TOHAX (below 0.3), 0 of which are negatively correlated. The least correlated is Touchstone Large Cap Fund (TLCIX) (Large Cap Blend Equities) with a 1Y correlation of 0.18, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Touchstone Large Cap Fund | 0.18 | 0.16 | 0.12 | 54 | Large Cap Blend Equities | TOHAX vs TLCIX | |
| JPMorgan Ultra-Short Municipal Fund | 0.20 | 0.31 | 0.37 | 99 | Municipal Bonds | TOHAX vs USMSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 0.22 | 0.21 | 0.19 | 99 | Municipal Bonds | TOHAX vs TFCYX | |
| DFA NY Municipal Bond Portfolio | 0.23 | 0.33 | 0.42 | 99 | Municipal Bonds | TOHAX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 0.23 | 0.28 | 0.38 | 100 | Municipal Bonds | TOHAX vs DFSMX |
See all 23 diversifiers for TOHAX
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