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Touchstone Mid Cap Growth Fund (TEGAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 4, 2026
Documentation

The investment seeks to increase the value of fund shares as a primary goal and to earn income as a secondary goal. Under normal circumstances, the fund will invest at least 80% of its assets in common stocks of mid-cap U.S. companies. A mid-cap company is defined as a company, at the time of purchase, which has a market capitalization between $1.5 billion and $12 billion or falls within the range of market capitalizations represented in the Russell Midcap Index. The size of the companies in the Russell Midcap Index will change with market conditions.

Looking to diversify beyond TEGAX? The mutual funds below have historically moved differently from TEGAX, 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 TEGAX

1 mutual funds have low correlation with TEGAX (below 0.3), 0 of which are negatively correlated. The least correlated is Touchstone Ultra Short Duration Fixed Income Fund (TSDOX) (Ultrashort Bond) with a 1Y correlation of 0.11, roughly unchanged from 0.03 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TSDOX
Touchstone Ultra Short Duration Fixed Income Fund0.110.050.03
99
Ultrashort BondTEGAX vs TSDOX
ACMVX
American Century Mid Cap Value Fund0.440.510.63
66
Mid Cap Value EquitiesTEGAX vs ACMVX
THYAX
Touchstone High Yield Fund0.460.440.46
79
High Yield BondsTEGAX vs THYAX
TLCIX
Touchstone Large Cap Fund0.510.610.72
66
Large Cap Blend EquitiesTEGAX vs TLCIX
TVOAX
Touchstone Small Cap Value Fund0.610.680.74
86
Small Cap Value EquitiesTEGAX vs TVOAX
See all 17 diversifiers for TEGAX

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