Looking to diversify beyond PAGRX? The mutual funds below have the lowest correlation with PAGRX — 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 PAGRX.
Best Diversifiers for PAGRX
3 mutual funds have low correlation with PAGRX (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 0.14, 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 | 0.14 | 0.03 | 0.03 | 99 | Ultrashort Bond | PAGRX vs PRTBX | |
| JHancock Infrastructure Fund | 0.16 | 0.29 | 0.45 | 58 | Energy Equities | PAGRX vs JEEIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.26 | 0.12 | 0.09 | 70 | Large Cap Blend Equities | PAGRX vs SVPFX | |
| Permanent Portfolio Versatile Bond Portfolio | 0.35 | 0.27 | 0.24 | 79 | Short-Term Bond | PAGRX vs PRVBX | |
| AQR Long-Short Equity Fund | 0.39 | 0.42 | 0.32 | 57 | Long-Short | PAGRX vs QLEIX |
See all 205 diversifiers for PAGRX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PAGRX
Add PAGRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PAGRX