Looking to diversify beyond TRLGX? The mutual funds below have the lowest correlation with TRLGX — 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 TRLGX.
Best Diversifiers for TRLGX
27 mutual funds have low correlation with TRLGX (below 0.3), 2 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.19, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.19 | 0.05 | 0.19 | 70 | Energy Equities | TRLGX vs FSENX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | -0.03 | 0.06 | 0.05 | 99 | Ultrashort Bond | TRLGX vs TRSTX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.03 | 0.05 | 0.12 | 89 | Inflation-Protected Bonds | TRLGX vs VTAPX | |
| T. Rowe Price Short-Term Bond Fund | 0.04 | 0.06 | 0.09 | 94 | Short-Term Bond | TRLGX vs PRWBX | |
| T. Rowe Price Tax Free Short-Intermediate Fund | 0.07 | 0.04 | 0.08 | 75 | Municipal Bonds | TRLGX vs PRFSX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TRLGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TRLGX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.30, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.30 | -0.09 | 0.06 | 76 | Energy | |
| Chevron Corporation | -0.29 | -0.08 | 0.07 | 73 | Energy | |
| The Coca-Cola Company | -0.28 | -0.08 | 0.10 | 82 | Consumer Defensive | |
| Occidental Petroleum Corporation | -0.28 | -0.02 | 0.11 | 64 | Energy | |
| Altria Group, Inc. | -0.27 | -0.12 | -0.01 | 78 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TRLGX
Add TRLGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TRLGX