Looking to diversify beyond TGVFX? The mutual funds below have the lowest correlation with TGVFX — 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 TGVFX.
Best Diversifiers for TGVFX
1 mutual funds have low correlation with TGVFX (below 0.3), 0 of which are negatively correlated. The least correlated is Touchstone Ultra Short Duration Fixed Income Fund (TSDOX) (Ultrashort Bond) with a 1Y correlation of 0.14, up from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Touchstone Ultra Short Duration Fixed Income Fund | 0.14 | 0.03 | 0.03 | 98 | Ultrashort Bond | TGVFX vs TSDOX | |
| Emerald Insights Fund | 0.38 | 0.80 | 0.87 | 98 | Large Cap Growth Equities | TGVFX vs EFCNX | |
| Touchstone Mid Cap Value Fund | 0.39 | 0.48 | 0.63 | 52 | Mid Cap Value Equities | TGVFX vs TCVIX | |
| Touchstone Ares Credit Opportunities Fund Class Y | 0.49 | 0.42 | 0.46 | 64 | High Yield Bonds | TGVFX vs TMAYX | |
| ICON Equity Fund | 0.55 | 0.57 | 0.70 | 71 | Large Cap Growth Equities | TGVFX vs IOLZX |
See all 25 diversifiers for TGVFX
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