Looking to diversify beyond TSTFX? The mutual funds below have the lowest correlation with TSTFX — 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 TSTFX.
Best Diversifiers for TSTFX
2 mutual funds have low correlation with TSTFX (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 0.17, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.17 | 0.14 | 0.12 | 62 | High Yield Muni | TSTFX vs THYIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.20 | 0.18 | 0.15 | 73 | Large Cap Blend Equities | TSTFX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.45 | 0.35 | 0.43 | 72 | Large Cap Blend Equities | TSTFX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.48 | 0.60 | 0.75 | 56 | Large Cap Blend Equities | TSTFX vs RCKSX | |
| Transamerica Emerging Markets Debt Fund | 0.54 | 0.42 | 0.42 | 87 | Emerging Markets Bonds | TSTFX vs EMTIX |
See all 32 diversifiers for TSTFX
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