Looking to diversify beyond VTMSX? The mutual funds below have the lowest correlation with VTMSX — 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 VTMSX.
Best Diversifiers for VTMSX
3 mutual funds have low correlation with VTMSX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Limited-Term Tax-Exempt Fund Investor Shares (VMLTX) (Municipal Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.12 | 0.11 | 0.09 | 77 | Municipal Bonds | VTMSX vs VMLTX | |
| Vanguard Intermediate-Term Tax-Exempt Fund Admiral... | 0.15 | 0.13 | 0.09 | 70 | Municipal Bonds | VTMSX vs VWIUX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.23 | 0.11 | 0.06 | 92 | Long-Short | VTMSX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.35 | 0.24 | 0.13 | 69 | Systematic Trend | VTMSX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.61 | 0.58 | 0.66 | 71 | Large Cap Growth Equities | VTMSX vs NASDX |
See all 42 diversifiers for VTMSX
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