Looking to diversify beyond TSDUX? The mutual funds below have the lowest correlation with TSDUX — 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 TSDUX.
Best Diversifiers for TSDUX
67 mutual funds have low correlation with TSDUX (below 0.3), 4 of which are negatively correlated. The least correlated is Northern Ultra-Short Fixed Income Fund (NUSFX) (Ultrashort Bond) with a 1Y correlation of -0.06, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Northern Ultra-Short Fixed Income Fund | -0.06 | 0.04 | -0.01 | 98 | Ultrashort Bond | TSDUX vs NUSFX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | -0.05 | 0.12 | 0.09 | 99 | Ultrashort Bond | TSDUX vs TRSTX | |
| DFA Two-Year Government Portfolio | -0.02 | 0.04 | -0.01 | 99 | Ultrashort Bond | TSDUX vs DFYGX | |
| T. Rowe Price Ultra Short-Term Bond Fund | -0.01 | 0.15 | 0.07 | 98 | Ultrashort Bond | TSDUX vs TRBUX | |
| PIMCO Short Asset Investment Fund | 0.00 | 0.09 | 0.15 | 100 | Ultrashort Bond | TSDUX vs PAIPX |
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