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
0 mutual funds have low correlation with PAGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.46, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.46 | 0.58 | 0.67 | 81 | Global Equities | PAGLX vs RTXAX | |
| Polaris Global Value Fund | 0.51 | 0.63 | 0.69 | 90 | Global Equities | PAGLX vs PGVFX | |
| T. Rowe Price Real Assets Fund | 0.54 | 0.62 | 0.69 | 57 | Global Equities | PAGLX vs PRAFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.54 | 0.50 | 0.59 | 89 | Global Equities | PAGLX vs FMIEX | |
| LSV Global Managed Volatility Fund | 0.57 | 0.60 | 0.66 | 89 | Global Equities | PAGLX vs LVAFX |
See all 27 diversifiers for PAGLX
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