Looking to diversify beyond TWIEX? The mutual funds below have historically moved differently from TWIEX, 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 TWIEX
1 mutual funds have low correlation with TWIEX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century California High Yield Municipal Fund (BCHYX) (Municipal Bonds) with a 1Y correlation of 0.27, roughly unchanged from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Century California High Yield Municipal F... | 0.27 | 0.21 | 0.19 | 78 | Municipal Bonds | TWIEX vs BCHYX | |
| Federated Hermes International Strategic Value Div... | 0.41 | 0.52 | 0.63 | 88 | Foreign Large Cap Equities | TWIEX vs IVFIX | |
| American Century Equity Income Fund Class I | 0.45 | 0.51 | 0.61 | 85 | Dividend, Large Cap Value Equities | TWIEX vs ACIIX | |
| American Century Equity Income Fund | 0.45 | 0.51 | 0.61 | 84 | Dividend, Large Cap Value Equities | TWIEX vs TWEIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.46 | 0.72 | 0.77 | 53 | Foreign Large Cap Equities | TWIEX vs GSINX |
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