Looking to diversify beyond TSLTX? The mutual funds below have the lowest correlation with TSLTX — 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 TSLTX.
Best Diversifiers for TSLTX
5 mutual funds have low correlation with TSLTX (below 0.3), 0 of which are negatively correlated. The least correlated is Transamerica High Yield Muni (THYIX) (High Yield Muni) with a 1Y correlation of 0.11, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.11 | 0.10 | 0.06 | 64 | High Yield Muni | TSLTX vs THYIX | |
| Transamerica Intermediate Muni | 0.11 | 0.11 | 0.07 | 76 | Municipal Bonds | TSLTX vs TIMUX | |
| Transamerica Floating Rate Fund | 0.15 | 0.19 | 0.21 | 84 | Bank Loan | TSLTX vs TFLIX | |
| Federated Hermes Clover Small Value Fund | 0.24 | 0.62 | 0.78 | 54 | Small Cap Value Equities | TSLTX vs VSFAX | |
| Transamerica Short-Term Bond Fund | 0.26 | 0.16 | 0.11 | 62 | Short-Term Bond | TSLTX vs ITAAX |
See all 101 diversifiers for TSLTX
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