Looking to diversify beyond TGCEX? The mutual funds below have the lowest correlation with TGCEX — 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 TGCEX.
Best Diversifiers for TGCEX
0 mutual funds have low correlation with TGCEX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.35, down from 0.84 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.35 | 0.75 | 0.84 | 98 | Large Cap Growth Equities | TGCEX vs EFCNX | |
| TCW Emerging Markets Income Fund | 0.38 | 0.30 | 0.33 | 89 | Emerging Markets Bonds | TGCEX vs TGEIX | |
| TCW Relative Value Mid Cap Fund | 0.46 | 0.54 | 0.64 | 74 | Mid Cap Value Equities | TGCEX vs TGVOX | |
| ICON Equity Fund | 0.49 | 0.51 | 0.65 | 70 | Large Cap Growth Equities | TGCEX vs IOLZX | |
| TCW Relative Value Large Cap Fund | 0.53 | 0.60 | 0.68 | 81 | Large Cap Value Equities | TGCEX vs TGDVX |
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