Looking to diversify beyond TSGAX? The mutual funds below have the lowest correlation with TSGAX — 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 TSGAX.
Best Diversifiers for TSGAX
1 mutual funds have low correlation with TSGAX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.01, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.14 | 0.48 | 67 | Diversified Portfolio | TSGAX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.47 | 0.44 | 0.47 | 99 | Diversified Portfolio | TSGAX vs STDAX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.50 | 0.66 | 0.70 | 82 | Diversified Portfolio | TSGAX vs FCSRX | |
| Chartwell Income Fund | 0.50 | 0.59 | 0.65 | 58 | Diversified Portfolio | TSGAX vs BERIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.50 | 0.66 | 0.70 | 88 | Diversified Portfolio | TSGAX vs FIQDX |
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