Looking to diversify beyond TSCSX? The mutual funds below have the lowest correlation with TSCSX — 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 TSCSX.
Best Diversifiers for TSCSX
3 mutual funds have low correlation with TSCSX (below 0.3), 0 of which are negatively correlated. The least correlated is Thrivent High Income Municipal Bond Fund (THMBX) (High Yield Muni) with a 1Y correlation of 0.14, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Thrivent High Income Municipal Bond Fund | 0.14 | 0.13 | 0.11 | 80 | High Yield Muni | TSCSX vs THMBX | |
| Thrivent Municipal Bond Fund | 0.20 | 0.17 | 0.10 | 64 | Municipal Bonds | TSCSX vs AAMBX | |
| Thrivent Limited Maturity Bond Fund | 0.29 | 0.19 | 0.15 | 76 | Short-Term Bond | TSCSX vs THLIX | |
| Thrivent International Allocation Fund | 0.70 | 0.70 | 0.74 | 51 | Foreign Large Cap Equities | TSCSX vs TWAAX | |
| Auer Growth Fund | 0.73 | 0.77 | 0.80 | 83 | Small Cap Blend Equities | TSCSX vs AUERX |
See all 44 diversifiers for TSCSX
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