Looking to diversify beyond TSNIX? The mutual funds below have the lowest correlation with TSNIX — 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 TSNIX.
Best Diversifiers for TSNIX
0 mutual funds have low correlation with TSNIX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.41, down from 0.55 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Venture Fund | 0.41 | 0.55 | — | 98 | Technology Equities | TSNIX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.48 | 0.55 | 0.69 | 82 | Technology Equities | TSNIX vs GTTIX | |
| Firsthand Alternative Energy Fund | 0.66 | 0.64 | 0.69 | 56 | Technology Equities | TSNIX vs ALTEX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.74 | 0.76 | 0.78 | 98 | Technology Equities | TSNIX vs STK | |
| Vanguard Total Stock Market Index Fund Admiral Sha... | 0.78 | 0.82 | 0.84 | 71 | Large Cap Blend Equities | TSNIX vs VTSAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TSNIX
Add TSNIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSNIX