Looking to diversify beyond PAAOX? The mutual funds below have the lowest correlation with PAAOX — 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 PAAOX.
Best Diversifiers for PAAOX
0 mutual funds have low correlation with PAAOX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Japanese Small Company Portfolio (DFJSX) (Japan Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Japanese Small Company Portfolio | 0.38 | 0.43 | 0.47 | 62 | Japan Equities, Asia Pacific Equities | PAAOX vs DFJSX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.41 | 0.49 | 0.51 | 61 | Large Cap Blend Equities, Dividend | PAAOX vs PRDGX | |
| T. Rowe Price Capital Appreciation Fund | 0.41 | 0.51 | 0.54 | 54 | Diversified Portfolio | PAAOX vs PRWCX | |
| Matthews China Small Companies Fund | 0.42 | 0.60 | 0.70 | 87 | China Equities, Asia Pacific Equities | PAAOX vs MCSMX | |
| BlackRock China A Opportunities Fund | 0.44 | 0.49 | 0.58 | 64 | China Equities, Asia Pacific Equities | PAAOX vs CHILX |
See all 29 diversifiers for PAAOX
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