Looking to diversify beyond TEPLX? The mutual funds below have the lowest correlation with TEPLX — 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 TEPLX.
Best Diversifiers for TEPLX
1 mutual funds have low correlation with TEPLX (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 0.27, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.27 | 0.44 | 0.57 | 78 | Global Equities | TEPLX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.34 | 0.51 | 0.65 | 72 | Global Equities | TEPLX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.52 | 0.66 | 0.75 | 87 | Global Equities | TEPLX vs RTXAX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.55 | 0.65 | 0.73 | 71 | Global Equities | TEPLX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.55 | 0.65 | 0.73 | 72 | Global Equities | TEPLX vs VMNVX |
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