Looking to diversify beyond VTCLX? The mutual funds below have the lowest correlation with VTCLX — 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 VTCLX.
Best Diversifiers for VTCLX
28 mutual funds have low correlation with VTCLX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Tax-Free Conservative Income Fund (TFCYX) (Municipal Bonds) with a 1Y correlation of -0.05, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.05 | 0.01 | 0.02 | 99 | Municipal Bonds | VTCLX vs TFCYX | |
| BlackRock Tactical Opportunities Fund Institutiona... | 0.03 | 0.26 | 0.20 | 81 | Tactical Allocation | VTCLX vs PBAIX | |
| BlackRock Tactical Opportunities Fund | 0.04 | 0.27 | 0.21 | 77 | Macro Trading | VTCLX vs PCBAX | |
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.13 | 0.10 | 0.08 | 75 | Municipal Bonds | VTCLX vs VMLTX | |
| Vanguard Limited-Term Tax-Exempt Fund Admiral Shar... | 0.13 | 0.10 | 0.08 | 76 | Municipal Bonds | VTCLX vs VMLUX |
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