Looking to diversify beyond TUIFX? The mutual funds below have the lowest correlation with TUIFX — 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 TUIFX.
Best Diversifiers for TUIFX
9 mutual funds have low correlation with TUIFX (below 0.3), 3 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of -0.17, roughly unchanged from -0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.17 | -0.26 | — | 99 | Nontraditional Bonds | TUIFX vs APFPX | |
| T. Rowe Price Dynamic Credit Fund | -0.03 | 0.01 | 0.02 | 78 | Nontraditional Bonds | TUIFX vs RPIDX | |
| Victory Pioneer Cat Bond Fund Class Y | -0.01 | — | — | 100 | Nontraditional Bonds | TUIFX vs CBYYX | |
| Putnam Mortgage Opportunities Fund | 0.03 | 0.05 | 0.05 | 74 | Nontraditional Bonds | TUIFX vs PMOTX | |
| PGIM Securitized Credit Fund | 0.08 | -0.01 | 0.01 | 99 | Nontraditional Bonds | TUIFX vs SCFZX |
See all 36 diversifiers for TUIFX
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