Looking to diversify beyond TGFRX? The mutual funds below have the lowest correlation with TGFRX — 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 TGFRX.
Best Diversifiers for TGFRX
0 mutual funds have low correlation with TGFRX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Focused Growth Fund (BFGFX) (Mid Cap Growth Equities) with a 1Y correlation of 0.47, down from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Focused Growth Fund | 0.47 | 0.64 | 0.72 | 53 | Mid Cap Growth Equities | TGFRX vs BFGFX | |
| Baron Focused Growth Fund Institutional Shares | 0.47 | 0.64 | 0.72 | 54 | Mid Cap Growth Equities | TGFRX vs BFGIX | |
| Invesco Discovery Mid Cap Growth Fund Class A | 0.57 | 0.70 | 0.75 | 52 | Mid Cap Growth Equities | TGFRX vs OEGAX | |
| Vanguard Total International Stock Index Fund Admi... | 0.64 | 0.63 | 0.67 | 64 | Foreign Large Cap Equities | TGFRX vs VTIAX | |
| Victory Munder Mid-Cap Core Growth Fund | 0.64 | 0.68 | 0.74 | 71 | Mid Cap Growth Equities | TGFRX vs MGOYX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TGFRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TGFRX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.32, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.32 | 0.42 | 0.55 | 88 | Technology |
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