Looking to diversify beyond TUHIX? The mutual funds below have the lowest correlation with TUHIX — 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 TUHIX.
Best Diversifiers for TUHIX
4 mutual funds have low correlation with TUHIX (below 0.3), 1 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.10, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10 | 0.02 | 0.04 | 100 | High Yield Bonds | TUHIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 0.00 | 0.06 | 0.10 | 100 | High Yield Bonds | TUHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.12 | 0.16 | 0.24 | 100 | High Yield Bonds | TUHIX vs RPHIX | |
| Pioneer Corporate High Yield Fund | 0.21 | 0.59 | 0.73 | 55 | High Yield Bonds | TUHIX vs RCRYX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 0.35 | 0.31 | 0.32 | 99 | Ultrashort Bond | TUHIX vs TRBUX |
See all 29 diversifiers for TUHIX
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