Looking to diversify beyond TPIAX? The mutual funds below have the lowest correlation with TPIAX — 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 TPIAX.
Best Diversifiers for TPIAX
0 mutual funds have low correlation with TPIAX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.43, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.43 | 0.53 | 0.65 | 63 | Foreign Large Cap Equities | TPIAX vs IVFIX | |
| Timothy Plan Defensive Strategies Fund Class I | 0.51 | 0.56 | 0.62 | 54 | Allocation--50% to 70% Equity | TPIAX vs TPDIX | |
| Timothy Plan Defensive Strategies Fund | 0.51 | 0.56 | 0.62 | 52 | Diversified Portfolio | TPIAX vs TPDAX | |
| PIMCO RAE PLUS International Fund | 0.56 | 0.57 | 0.62 | 83 | Foreign Large Cap Equities | TPIAX vs PTSIX | |
| Timothy Plan High Yield Bond Fund | 0.60 | 0.52 | 0.54 | 72 | High Yield Bonds | TPIAX vs TPHAX |
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