Looking to diversify beyond PAGDX? The mutual funds below have the lowest correlation with PAGDX — 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 PAGDX.
Best Diversifiers for PAGDX
2 mutual funds have low correlation with PAGDX (below 0.3), 0 of which are negatively correlated. The least correlated is Permanent Portfolio Short-Term Treasury Portfolio (PRTBX) (Ultrashort Bond) with a 1Y correlation of 0.15, up from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Permanent Portfolio Short-Term Treasury Portfolio | 0.15 | 0.03 | 0.03 | 99 | Ultrashort Bond | PAGDX vs PRTBX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.26 | 0.12 | 0.09 | 70 | Large Cap Blend Equities | PAGDX vs SVPFX | |
| Permanent Portfolio Versatile Bond Portfolio | 0.35 | 0.27 | 0.24 | 79 | Short-Term Bond | PAGDX vs PRVBX | |
| North Square Preferred and Income Securities Fund | 0.46 | 0.32 | 0.39 | 68 | Large Cap Blend Equities | PAGDX vs ORDNX | |
| SGI U.S. Large Equity Fund | 0.56 | 0.59 | 0.70 | 51 | Large Cap Blend Equities | PAGDX vs SILVX |
See all 153 diversifiers for PAGDX
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