Looking to diversify beyond TEMLX? The mutual funds below have the lowest correlation with TEMLX — 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 TEMLX.
Best Diversifiers for TEMLX
0 mutual funds have low correlation with TEMLX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.52, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.52 | 0.65 | 0.69 | 86 | Emerging Markets Diversified | TEMLX vs ESCIX | |
| TIAA-CREF Large-Cap Value Index Fund | 0.52 | 0.55 | 0.57 | 83 | Large Cap Value Equities | TEMLX vs TILVX | |
| TIAA-CREF Small-Cap Blend Index Fund | 0.57 | 0.58 | 0.62 | 64 | Small Cap Blend Equities | TEMLX vs TISBX | |
| TIAA-CREF Social Choice Equity Fund | 0.63 | 0.63 | 0.64 | 59 | Large Cap Blend Equities | TEMLX vs TISCX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.64 | 0.73 | 0.75 | 94 | Emerging Markets Diversified | TEMLX vs EMPTX |
See all 26 diversifiers for TEMLX
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