Looking to diversify beyond TFEQX? The mutual funds below have the lowest correlation with TFEQX — 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 TFEQX.
Best Diversifiers for TFEQX
0 mutual funds have low correlation with TFEQX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.60, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.60 | 0.52 | 0.63 | 54 | Foreign Large Cap Equities | TFEQX vs KGIIX | |
| Franklin Income Fund Advisor Class | 0.64 | 0.60 | 0.68 | 89 | Diversified Portfolio | TFEQX vs FRIAX | |
| ProFunds UltraJapan Fund | 0.64 | 0.59 | 0.62 | 95 | Leveraged Equities | TFEQX vs UJPIX | |
| PIMCO RAE PLUS International Fund | 0.65 | 0.65 | 0.67 | 75 | Foreign Large Cap Equities | TFEQX vs PTSIX | |
| Franklin Income Fund Class A1 | 0.66 | 0.61 | 0.68 | 84 | Diversified Portfolio | TFEQX vs FKINX |
See all 23 diversifiers for TFEQX
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