Looking to diversify beyond TGRGX? The mutual funds below have the lowest correlation with TGRGX — 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 TGRGX.
Best Diversifiers for TGRGX
1 mutual funds have low correlation with TGRGX (below 0.3), 0 of which are negatively correlated. The least correlated is Transamerica High Yield Muni (THYIX) (High Yield Muni) with a 1Y correlation of 0.27, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.27 | 0.19 | 0.15 | 62 | High Yield Muni | TGRGX vs THYIX | |
| Kopernik International Fund | 0.49 | 0.42 | 0.57 | 81 | Foreign Large Cap Equities | TGRGX vs KGIIX | |
| EuroPac International Dividend Income Fund Class A | 0.49 | 0.56 | 0.66 | 87 | Foreign Large Cap Equities, Dividend | TGRGX vs EPDPX | |
| EuroPac International Dividend Income Fund | 0.49 | 0.56 | 0.66 | 87 | Foreign Large Cap Equities | TGRGX vs EPDIX | |
| SA International Value Fund | 0.51 | 0.59 | 0.70 | 87 | Foreign Large Cap Equities | TGRGX vs SAHMX |
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