Looking to diversify beyond TSEGX? The mutual funds below have the lowest correlation with TSEGX — 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 TSEGX.
Best Diversifiers for TSEGX
1 mutual funds have low correlation with TSEGX (below 0.3), 0 of which are negatively correlated. The least correlated is Touchstone Ultra Short Duration Fixed Income Fund (TSDOX) (Ultrashort Bond) with a 1Y correlation of 0.04, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Touchstone Ultra Short Duration Fixed Income Fund | 0.04 | -0.02 | 0.02 | 98 | Ultrashort Bond | TSEGX vs TSDOX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.53 | 0.65 | 0.67 | 87 | Emerging Markets Diversified | TSEGX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.60 | 0.67 | 0.70 | 93 | Emerging Markets Diversified | TSEGX vs EMPTX | |
| Wasatch Emerging Markets Small Cap Fund | 0.72 | 0.67 | 0.69 | 63 | Emerging Markets Diversified | TSEGX vs WAEMX | |
| Delaware Emerging Markets Fund | 0.72 | 0.74 | 0.77 | 98 | Emerging Markets Diversified | TSEGX vs DEMIX |
See all 22 diversifiers for TSEGX
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