Looking to diversify beyond TRSTX? The mutual funds below have the lowest correlation with TRSTX — 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 TRSTX.
Best Diversifiers for TRSTX
70 mutual funds have low correlation with TRSTX (below 0.3), 17 of which are negatively correlated. The least correlated is Touchstone Ultra Short Duration Fixed Income Fund (TSDOX) (Ultrashort Bond) with a 1Y correlation of -0.09, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Touchstone Ultra Short Duration Fixed Income Fund | -0.09 | 0.25 | 0.34 | 99 | Ultrashort Bond | TRSTX vs TSDOX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | -0.05 | 0.12 | 0.09 | 98 | Ultrashort Bond | TRSTX vs TSDUX | |
| PIMCO Short Term Fund | -0.05 | 0.14 | 0.17 | 99 | Ultrashort Bond | TRSTX vs PTSHX | |
| Payden Limited Maturity Fund | -0.04 | 0.29 | 0.33 | 98 | Ultrashort Bond | TRSTX vs PYLMX | |
| DFA Two-Year Government Portfolio | -0.04 | -0.01 | 0.14 | 99 | Ultrashort Bond | TRSTX vs DFYGX |
See all 74 diversifiers for TRSTX
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