Looking to diversify beyond TCSGX? The mutual funds below have the lowest correlation with TCSGX — 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 TCSGX.
Best Diversifiers for TCSGX
9 mutual funds have low correlation with TCSGX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional International Trust Emerging Markets Equity Fund (SIEMX) (Emerging Markets Diversified) with a 1Y correlation of 0.11, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional International Trust Emerging Mar... | 0.11 | 0.06 | 0.05 | 87 | Emerging Markets Diversified | TCSGX vs SIEMX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.11 | 0.18 | 0.16 | 99 | Ultrashort Bond | TCSGX vs ENIAX | |
| SEI S&P 500 Index Fund Class I | 0.23 | 0.08 | 0.09 | 61 | Large Cap Blend Equities | TCSGX vs SPIIX | |
| SEI Institutional Investments Trust S&P 500 Index ... | 0.23 | 0.07 | 0.08 | 67 | S&P 500 | TCSGX vs SPINX | |
| SEI Institutional Managed Trust Multi-Strategy Alt... | 0.27 | 0.10 | 0.08 | 90 | Multistrategy | TCSGX vs SMSAX |
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