Looking to diversify beyond TGCFX? The mutual funds below have the lowest correlation with TGCFX — 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 TGCFX.
Best Diversifiers for TGCFX
2 mutual funds have low correlation with TGCFX (below 0.3), 0 of which are negatively correlated. The least correlated is TCW Relative Value Mid Cap Fund (TGVOX) (Mid Cap Value Equities) with a 1Y correlation of 0.24, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW Relative Value Mid Cap Fund | 0.24 | 0.22 | 0.13 | 74 | Mid Cap Value Equities | TGCFX vs TGVOX | |
| TCW Relative Value Large Cap Fund | 0.26 | 0.22 | 0.14 | 81 | Large Cap Value Equities | TGCFX vs TGDVX | |
| TCW Emerging Markets Income Fund | 0.50 | 0.58 | 0.55 | 89 | Emerging Markets Bonds | TGCFX vs TGEIX | |
| Loomis Sayles Securitized Asset Fund | 0.77 | 0.90 | 0.91 | 50 | Intermediate Core Bond | TGCFX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 0.88 | 0.93 | 0.92 | 50 | Intermediate Core Bond | TGCFX vs PCGTX |
Diversification Analysis
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