Looking to diversify beyond TROSX? The mutual funds below have the lowest correlation with TROSX — 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 TROSX.
Best Diversifiers for TROSX
1 mutual funds have low correlation with TROSX (below 0.3), 0 of which are negatively correlated. The least correlated is Cliffwater Corporate Lending Fund (CCLFX) (High Yield Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.09 | 0.12 | 0.10 | 100 | High Yield Bonds | TROSX vs CCLFX | |
| T. Rowe Price Science And Technology Fund | 0.55 | 0.59 | 0.65 | 87 | Technology Equities | TROSX vs PRSCX | |
| Kopernik International Fund | 0.58 | 0.50 | 0.61 | 54 | Foreign Large Cap Equities | TROSX vs KGIIX | |
| T. Rowe Price Global Technology Fund | 0.58 | 0.59 | 0.58 | 87 | Technology Equities | TROSX vs PRGTX | |
| Loomis Sayles Small Cap Growth Fund | 0.61 | 0.65 | 0.69 | 61 | Small Cap Growth Equities | TROSX vs LSSIX |
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