Looking to diversify beyond TGEIX? The mutual funds below have the lowest correlation with TGEIX — 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 TGEIX.
Best Diversifiers for TGEIX
1 mutual funds have low correlation with TGEIX (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 0.29, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW Relative Value Mid Cap Fund | 0.29 | 0.33 | 0.32 | 77 | Mid Cap Value Equities | TGEIX vs TGVOX | |
| TCW Relative Value Large Cap Fund | 0.33 | 0.33 | 0.33 | 83 | Large Cap Value Equities | TGEIX vs TGDVX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.48 | 0.55 | 0.62 | 98 | Emerging Markets Bonds | TGEIX vs DBLLX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.59 | 0.51 | 0.51 | 97 | Emerging Markets Bonds | TGEIX vs EELDX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 0.62 | 0.69 | 0.70 | 96 | Emerging Markets Bonds | TGEIX vs SHCDX |
See all 17 diversifiers for TGEIX
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