Looking to diversify beyond PAJRX? The mutual funds below have the lowest correlation with PAJRX — 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 PAJRX.
Best Diversifiers for PAJRX
0 mutual funds have low correlation with PAJRX (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 0.68, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.68 | 0.70 | 0.76 | 87 | Technology Equities | PAJRX vs PRSCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.80 | 0.79 | 0.84 | 52 | Large Cap Blend Equities, Dividend | PAJRX vs PRDGX | |
| Dimensional Retirement Income Fund | 0.82 | 0.84 | 0.81 | 77 | Target Retirement Date | PAJRX vs TDIFX | |
| T. Rowe Price U.S. Equity Research Fund | 0.85 | 0.83 | 0.87 | 64 | Large Cap Blend Equities | PAJRX vs PRCOX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.85 | 0.86 | 0.90 | 81 | Target Retirement Date | PAJRX vs DRILX |
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