Looking to diversify beyond PAERX? The mutual funds below have the lowest correlation with PAERX — 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 PAERX.
Best Diversifiers for PAERX
0 mutual funds have low correlation with PAERX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of 0.67, roughly unchanged from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.67 | 0.66 | 0.72 | 87 | Technology Equities | PAERX vs PRSCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.78 | 0.75 | 0.80 | 52 | Large Cap Blend Equities, Dividend | PAERX vs PRDGX | |
| Dimensional Retirement Income Fund | 0.80 | 0.85 | 0.85 | 77 | Target Retirement Date | PAERX vs TDIFX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.83 | 0.84 | 0.87 | 81 | Target Retirement Date | PAERX vs DTDRX | |
| T. Rowe Price U.S. Equity Research Fund | 0.84 | 0.79 | 0.82 | 64 | Large Cap Blend Equities | PAERX vs PRCOX |
See all 42 diversifiers for PAERX
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