Looking to diversify beyond TGLMX? The mutual funds below have the lowest correlation with TGLMX — 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 TGLMX.
Best Diversifiers for TGLMX
2 mutual funds have low correlation with TGLMX (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 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW Relative Value Mid Cap Fund | 0.24 | 0.20 | 0.10 | 77 | Mid Cap Value Equities | TGLMX vs TGVOX | |
| TCW Relative Value Large Cap Fund | 0.25 | 0.21 | 0.11 | 83 | Large Cap Value Equities | TGLMX vs TGDVX | |
| Holbrook Income Fund Class I | 0.32 | 0.32 | 0.37 | 98 | Intermediate Core-Plus Bond | TGLMX vs HOBIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.33 | 0.19 | 0.14 | 90 | Intermediate Core-Plus Bond | TGLMX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 0.35 | 0.17 | 0.12 | 92 | Intermediate Core-Plus Bond | TGLMX vs LCTIX |
See all 11 diversifiers for TGLMX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TGLMX
Add TGLMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TGLMX