Looking to diversify beyond TQGEX? The mutual funds below have the lowest correlation with TQGEX — 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 TQGEX.
Best Diversifiers for TQGEX
0 mutual funds have low correlation with TQGEX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.57, down from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.57 | 0.67 | 0.75 | 81 | Global Equities | TQGEX vs RTXAX | |
| Polaris Global Value Fund | 0.59 | 0.71 | 0.78 | 90 | Global Equities | TQGEX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.67 | 0.63 | 0.72 | 89 | Global Equities | TQGEX vs FMIEX | |
| New Alternatives Fund | 0.69 | 0.64 | 0.68 | 64 | Global Equities | TQGEX vs NALFX | |
| GMO Climate Change Fund | 0.69 | 0.69 | 0.74 | 93 | Global Equities | TQGEX vs GCCHX |
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