Looking to diversify beyond TGEIX? The mutual funds below have historically moved differently from TGEIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TGEIX
0 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 0.35, roughly unchanged from 0.34 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW Relative Value Mid Cap Fund | 0.35 | 0.34 | 0.34 | 86 | Mid Cap Value Equities | TGEIX vs TGVOX | |
| TCW Relative Value Large Cap Fund | 0.36 | 0.34 | 0.34 | 86 | Large Cap Value Equities | TGEIX vs TGDVX | |
| Morgan Stanley Emerging Markets Domestic Fund | 0.44 | 0.37 | 0.40 | 57 | Emerging Markets Bonds | TGEIX vs EDD | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.50 | 0.57 | 0.62 | 98 | Emerging Markets Bonds | TGEIX vs DBLLX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.64 | 0.51 | 0.52 | 98 | Emerging Markets Bonds | TGEIX vs EELDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TGEIX
Add TGEIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TGEIX