Looking to diversify beyond TSAIX? The mutual funds below have the lowest correlation with TSAIX — 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 TSAIX.
Best Diversifiers for TSAIX
3 mutual funds have low correlation with TSAIX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.19, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.19 | -0.02 | 0.11 | 76 | Diversified Portfolio | TSAIX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.03 | 0.18 | 0.52 | 63 | Diversified Portfolio | TSAIX vs MHELX | |
| Federated Hermes Capital Income Fund | 0.30 | 0.58 | 0.74 | 85 | Diversified Portfolio | TSAIX vs CAPAX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.53 | 0.60 | 95 | Diversified Portfolio | TSAIX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.52 | 0.60 | 96 | Diversified Portfolio | TSAIX vs FIQDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TSAIX
Add TSAIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSAIX