Looking to diversify beyond TEMGX? The mutual funds below have the lowest correlation with TEMGX — 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 TEMGX.
Best Diversifiers for TEMGX
0 mutual funds have low correlation with TEMGX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.41, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.41 | 0.51 | 0.59 | 51 | Global Equities | TEMGX vs CSUAX | |
| Templeton Emerging Markets Fund | 0.49 | 0.55 | 0.58 | 95 | Emerging Markets Equities | TEMGX vs EMF | |
| T. Rowe Price Global Technology Fund I Class | 0.56 | 0.60 | 0.66 | 87 | Technology Equities, Global Equities | TEMGX vs PGTIX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.61 | 0.73 | 0.78 | 76 | Global Equities | TEMGX vs RTXAX | |
| Franklin Income Fund Advisor Class | 0.65 | 0.65 | 0.72 | 89 | Diversified Portfolio | TEMGX vs FRIAX |
See all 26 diversifiers for TEMGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TEMGX
Add TEMGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TEMGX