Looking to diversify beyond TLGAX? The mutual funds below have the lowest correlation with TLGAX — 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 TLGAX.
Best Diversifiers for TLGAX
0 mutual funds have low correlation with TLGAX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.46, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.46 | 0.60 | 0.68 | 72 | Large Cap Growth Equities | TLGAX vs BPTRX | |
| Timothy Plan High Yield Bond Fund | 0.54 | 0.45 | 0.46 | 71 | High Yield Bonds | TLGAX vs TPHAX | |
| Davis New York Venture Fund Class Y | 0.62 | 0.71 | 0.77 | 80 | Large Cap Growth Equities | TLGAX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.67 | 0.77 | 0.84 | 67 | Large Cap Blend Equities | TLGAX vs ADX | |
| ICON Equity Fund | 0.70 | 0.70 | 0.79 | 84 | Large Cap Growth Equities | TLGAX vs IOLZX |
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