Looking to diversify beyond TEMZX? The mutual funds below have the lowest correlation with TEMZX — 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 TEMZX.
Best Diversifiers for TEMZX
1 mutual funds have low correlation with TEMZX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Advisor Class (FRIAX) (Diversified Portfolio) with a 1Y correlation of 0.28, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Advisor Class | 0.28 | 0.40 | 0.51 | 89 | Diversified Portfolio | TEMZX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.39 | 0.44 | 0.53 | 84 | Diversified Portfolio | TEMZX vs FKINX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.43 | 0.63 | 0.71 | 87 | Emerging Markets Diversified | TEMZX vs ESCIX | |
| Delaware Emerging Markets Fund | 0.54 | 0.62 | 0.70 | 98 | Emerging Markets Diversified | TEMZX vs DEMIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.55 | 0.59 | 0.66 | 92 | Emerging Markets Diversified | TEMZX vs EMPTX |
See all 42 diversifiers for TEMZX
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