Looking to diversify beyond TRRAX? The mutual funds below have the lowest correlation with TRRAX — 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 TRRAX.
Best Diversifiers for TRRAX
0 mutual funds have low correlation with TRRAX (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 0.70, roughly unchanged from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.70 | 0.72 | 0.77 | 89 | Technology Equities | TRRAX vs PRSCX | |
| Columbia Dividend Income Fund Class S | 0.71 | — | — | 78 | Large Cap Value Equities | TRRAX vs GFSDX | |
| Putnam Large Cap Value Fund | 0.79 | 0.79 | 0.82 | 84 | Large Cap Value Equities | TRRAX vs PEYAX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.80 | 0.83 | 0.86 | 52 | Large Cap Blend Equities, Dividend | TRRAX vs PRDGX | |
| Fidelity Small Cap Index Fund | 0.81 | 0.80 | 0.82 | 72 | Small Cap Blend Equities | TRRAX vs FSSNX |
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