Looking to diversify beyond TRLUX? The mutual funds below have the lowest correlation with TRLUX — 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 TRLUX.
Best Diversifiers for TRLUX
0 mutual funds have low correlation with TRLUX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of 0.40, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.40 | 0.43 | 0.53 | 91 | Technology Equities | TRLUX vs PRSCX | |
| Voya Corporate Leaders Trust Fund | 0.41 | 0.65 | 0.73 | 53 | Large Cap Value Equities | TRLUX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.53 | 0.67 | 0.76 | 70 | Large Cap Value Equities | TRLUX vs SVAIX | |
| Rational Equity Armor Fund | 0.54 | 0.54 | 0.67 | 57 | Large Cap Value Equities | TRLUX vs HDCTX | |
| Buffalo Flexible Income Fund | 0.59 | 0.75 | 0.82 | 71 | Large Cap Value Equities | TRLUX vs BUFBX |
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