Looking to diversify beyond TSDJX? The mutual funds below have the lowest correlation with TSDJX — 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 TSDJX.
Best Diversifiers for TSDJX
11 mutual funds have low correlation with TSDJX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.17, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.17 | 0.18 | 0.19 | 75 | Short-Term Bond | TSDJX vs LCCMX | |
| TIAA-CREF Small-Cap Blend Index Fund | 0.18 | 0.16 | 0.10 | 64 | Small Cap Blend Equities | TSDJX vs TISBX | |
| TIAA-CREF Social Choice Equity Fund | 0.18 | 0.14 | 0.09 | 59 | Large Cap Blend Equities | TSDJX vs TISCX | |
| TIAA-CREF S&P 500 Index Fund | 0.20 | 0.13 | 0.09 | 73 | Large Cap Blend Equities | TSDJX vs TISPX | |
| TIAA-CREF Equity Index Fund | 0.21 | 0.14 | 0.10 | 70 | Large Cap Blend Equities | TSDJX vs TIEIX |
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