Looking to diversify beyond TSSIX? The mutual funds below have historically moved differently from TSSIX, 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 TSSIX
16 mutual funds have low correlation with TSSIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Municipal Real Return Portfolio (DMREX) (Municipal Bonds) with a 1Y correlation of 0.06, down from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Municipal Real Return Portfolio | 0.06 | 0.20 | 0.23 | 92 | Municipal Bonds | TSSIX vs DMREX | |
| Thornburg Developing World Fund | 0.16 | 0.09 | 0.11 | 75 | Emerging Markets Equities | TSSIX vs THDIX | |
| DFA Short Term Municipal Bond Portfolio | 0.19 | 0.28 | 0.35 | 100 | Municipal Bonds | TSSIX vs DFSMX | |
| DFA NY Municipal Bond Portfolio | 0.20 | 0.31 | 0.40 | 99 | Municipal Bonds | TSSIX vs DNYMX | |
| Thornburg Global Opportunities Fund | 0.21 | 0.14 | 0.10 | 92 | Foreign Large Cap Equities | TSSIX vs THOIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TSSIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Super Group (SGHC) Limited (SGHC) (Consumer Cyclical) with a 1Y correlation of -0.03, roughly unchanged from 0.03 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Super Group (SGHC) Limited | -0.03 | 0.03 | — | 65 | Consumer Cyclical |
Build a portfolio that complements TSSIX
Add TSSIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSSIX