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 Timothy Plan Defensive Strategies Fund Class I (TPDIX) (Allocation--50% to 70% Equity) with a 1Y correlation of 0.31, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Timothy Plan Defensive Strategies Fund Class I | 0.31 | 0.35 | 0.47 | 56 | Allocation--50% to 70% Equity | TLGAX vs TPDIX | |
| Timothy Plan Defensive Strategies Fund | 0.31 | 0.36 | 0.47 | 54 | Diversified Portfolio | TLGAX vs TPDAX | |
| Baron Partners Fund | 0.42 | 0.59 | 0.68 | 75 | Large Cap Growth Equities | TLGAX vs BPTRX | |
| Timothy Plan High Yield Bond Fund | 0.52 | 0.44 | 0.46 | 72 | High Yield Bonds | TLGAX vs TPHAX | |
| Davis New York Venture Fund Class Y | 0.60 | 0.70 | 0.76 | 81 | Large Cap Growth Equities | TLGAX vs DNVYX |
See all 55 diversifiers for TLGAX
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