Looking to diversify beyond TGWIX? The mutual funds below have historically moved differently from TGWIX, 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 TGWIX
0 mutual funds have low correlation with TGWIX (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 0.30, roughly unchanged from 0.31 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 | 0.30 | 0.30 | 0.31 | 86 | Mid Cap Value Equities | TGWIX vs TGVOX | |
| TCW Relative Value Large Cap Fund | 0.35 | 0.30 | 0.31 | 86 | Large Cap Value Equities | TGWIX vs TGDVX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.38 | 0.42 | 0.42 | 98 | Emerging Markets Bonds | TGWIX vs DBLLX | |
| Morgan Stanley Emerging Markets Domestic Fund | 0.44 | 0.39 | 0.42 | 57 | Emerging Markets Bonds | TGWIX vs EDD | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 0.50 | 0.45 | 0.49 | 94 | Emerging Markets Bonds | TGWIX vs SHCDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TGWIX
Add TGWIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TGWIX