Looking to diversify beyond PAGLX? The mutual funds below have the lowest correlation with PAGLX — 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 PAGLX.
Best Diversifiers for PAGLX
2 mutual funds have low correlation with PAGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.15, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.15 | 0.33 | 0.49 | 78 | Global Equities | PAGLX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.23 | 0.41 | 0.56 | 72 | Global Equities | PAGLX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.43 | 0.57 | 0.66 | 87 | Global Equities | PAGLX vs RTXAX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.47 | 0.57 | 0.67 | 72 | Global Equities | PAGLX vs VMNVX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.47 | 0.57 | 0.66 | 71 | Global Equities | PAGLX vs VMVFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PAGLX
Add PAGLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PAGLX