Magnetic tunnel junctions having a low-work-function Gd/Co nanolayer at the interface with an Al 2 O 3 tunnel barrier are shown to exhibit both positive and negative values of the tunnel magnetoresistance. The sign of the tunnel spin polarization of the Gd/Co nanolayer electrode depends on the thickness of the Gd and Co layers, temperature, and applied voltage. This reflects the nature of the interaction between the conduction electrons of the rare-earth and transition metals. DOI: 10.1103/PhysRevB.78.212403 PACS number͑s͒: 75.70.Ϫi, 72.25.Dc, 73.40.Gk, 85.75.Ϫd Magnetic tunnel junctions ͑MTJs͒, consisting of two ferromagnetic electrodes separated by a thin tunnel barrier, [1][2][3] are key elements in spintronic devices such as read heads of magnetic disk drives, magnetic random-access memories, microwave oscillators, and semiconductor-based spin devices. For these applications, engineering the properties of the tunnel contact using new materials is of prime importance. Many opportunities exist, since several factors determine the magnetic response of a MTJ, the tunnel magnetoresistance ͑TMR͒, i.e., the relative change in the tunnel resistance in an applied magnetic field. Of importance are the materials used for electrodes as well as the barrier, the structure of the materials ͑i.e., crystalline versus amorphous͒, and the specific electronic, structural, and chemical properties of the interfaces. 4 Notable examples that demonstrate this are the opposite sign of the tunnel spin polarization ͑TSP͒ of Co on Al 2 O 3 and SrTiO 3 barriers, 5 and the enhanced tunnel spin polarization for junctions with epitaxial MgO barriers showing strong spin filtering due to the symmetry of the wave functions. 2,3,6 Moreover, even for a fixed combination of materials the TSP can change sign as recently shown for SrTiO 3 / Co interfaces, 7,8 for example, depending on the terminating layer of the barrier. 8 For semiconductor-based spin devices such as spin transistors with ferromagnetic source and drain contacts, it was recently emphasized that in addition to the TSP, also the energy band profile of the semiconductor near the tunnel contact should be controlled in order to achieve significant spin signals. [9][10][11] In particular, the work function of the ferromagnetic electrode is a crucial parameter that allows for the necessary suppression of the Schottky barrier and the depletion region in the semiconductor. 10 For spin-tunnel contacts to Si, we have shown that tuning of the Schottky barrier height and the resistance area product of the contacts over a wide range can be achieved by inserting a nanolayer of a low-work-function material such as Gd at the interface between the tunnel barrier and ferromagnetic ͑FM͒ electrode. 10 With respect to the TSP it is noteworthy that previous work by Meservey et al. 12 on heavy rare-earth metals ͑Gd, Tb, Dy, Ho, Er, and Tm͒ on an Al 2 O 3 tunnel barrier showed that the TSP does not scale with the total magnetic moment. Instead, the TSP was found to be approximately proportional to the ...