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American Century Strategic Allocation: Conservative Fund (TWSCX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The fund's asset allocation strategy diversifies investments among equity securities, bonds and money market instruments. It usually invests 45% of its assets in equities, 49% of its assets in bonds, and 6% of its assets in cash equivalents. The fund also invests in a variety of debt securities payable in U.S. and foreign currencies. It may invest in any type of U.S. or foreign equity security that meets certain fundamental and technical standards. The fund may invest up to 10% of its assets in below investment-grade securities.

Looking to diversify beyond TWSCX? The mutual funds below have the lowest correlation with TWSCX — 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 TWSCX.

Best Diversifiers for TWSCX

3 mutual funds have low correlation with TWSCX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.12, down from 0.18 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SIFAX
SEI Institutional Managed Trust Multi-Asset Inflat...-0.120.080.18
73
Diversified PortfolioTWSCX vs SIFAX
MHELX
MH Elite Small Cap Fund of Funds Fund0.050.180.49
64
Diversified PortfolioTWSCX vs MHELX
BCHYX
American Century California High Yield Municipal F...0.290.320.27
67
Municipal BondsTWSCX vs BCHYX
FIQDX
Fidelity Advisor Strategic Real Return Fund Class ...0.400.620.66
96
Diversified PortfolioTWSCX vs FIQDX
FSIRX
Fidelity Advisor Strategic Real Return Fund Class ...0.410.620.66
96
Diversified PortfolioTWSCX vs FSIRX
See all 30 diversifiers for TWSCX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from TWSCX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TWSCX and solid risk/return profiles. The least correlated is Advanced Micro Devices, Inc. (AMD) (Technology) with a 1Y correlation of 0.40, down from 0.53 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AMD
Advanced Micro Devices, Inc.0.400.460.53
98
Technology

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Diversification Analysis

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