Looking to diversify beyond TPLGX? The mutual funds below have the lowest correlation with TPLGX — 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 TPLGX.
Best Diversifiers for TPLGX
1 mutual funds have low correlation with TPLGX (below 0.3), 0 of which are negatively correlated. The least correlated is The Covered Bridge Fund (TCBIX) (Derivative Income) with a 1Y correlation of 0.27, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| The Covered Bridge Fund | 0.27 | 0.27 | 0.47 | 58 | Derivative Income | TPLGX vs TCBIX | |
| ICON Equity Fund | 0.48 | 0.49 | 0.63 | 81 | Large Cap Growth Equities | TPLGX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.56 | 0.63 | 0.71 | 80 | Large Cap Growth Equities | TPLGX vs DNVYX | |
| Fidelity Small Cap Growth K6 Fund | 0.62 | 0.64 | 0.74 | 59 | Small Cap Growth Equities | TPLGX vs FOCSX | |
| PrimeCap Odyssey Growth Fund | 0.66 | 0.71 | 0.80 | 92 | Large Cap Growth Equities | TPLGX vs POGRX |
See all 30 diversifiers for TPLGX
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