Looking to diversify beyond VTMNX? The mutual funds below have historically moved differently from VTMNX, 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 VTMNX
0 mutual funds have low correlation with VTMNX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Investment-Grade Fund Institutional Shares (VFSIX) (Total Bond Market) with a 1Y correlation of 0.38, up from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Investment-Grade Fund Institut... | 0.38 | 0.28 | 0.26 | 74 | Total Bond Market | VTMNX vs VFSIX | |
| Federated Hermes International Strategic Value Div... | 0.47 | 0.59 | 0.71 | 88 | Foreign Large Cap Equities | VTMNX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.50 | 0.72 | 0.80 | 61 | Foreign Large Cap Equities | VTMNX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.51 | 0.73 | 0.80 | 61 | Foreign Large Cap Equities | VTMNX vs GSIMX | |
| GQG Partners International Quality Dividend Income... | 0.53 | 0.68 | 0.74 | 71 | Quality Factor, Foreign Large Cap Equities | VTMNX vs GQJPX |
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