Looking to diversify beyond TSDJX? The mutual funds below have historically moved differently from TSDJX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TSDJX
10 mutual funds have low correlation with TSDJX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.15, down from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.15 | 0.01 | 0.33 | 100 | Short-Term Bond | TSDJX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.18 | 0.18 | 0.19 | 77 | Short-Term Bond | TSDJX vs LCCMX | |
| GuidePath Absolute Return Allocation Fund | 0.18 | 0.51 | 0.57 | 65 | Short-Term Bond | TSDJX vs GPARX | |
| GuidepathConservative Income Fund | 0.21 | 0.32 | 0.41 | 99 | Short-Term Bond | TSDJX vs GPICX | |
| TIAA-CREF Small-Cap Blend Index Fund | 0.22 | 0.16 | 0.12 | 76 | Small Cap Blend Equities | TSDJX vs TISBX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TSDJX
Add TSDJX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSDJX