Looking to diversify beyond TQGIX? The mutual funds below have the lowest correlation with TQGIX — 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 TQGIX.
Best Diversifiers for TQGIX
1 mutual funds have low correlation with TQGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.28, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.28 | 0.44 | 0.59 | 75 | Global Equities | TQGIX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.35 | 0.51 | 0.66 | 68 | Global Equities | TQGIX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.55 | 0.66 | 0.75 | 85 | Global Equities | TQGIX vs RTXAX | |
| Polaris Global Value Fund | 0.57 | 0.70 | 0.77 | 91 | Global Equities | TQGIX vs PGVFX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.58 | 0.68 | 0.76 | 69 | Global Equities | TQGIX vs VMVFX |
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