Looking to diversify beyond PAKRX? The mutual funds below have the lowest correlation with PAKRX — 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 PAKRX.
Best Diversifiers for PAKRX
0 mutual funds have low correlation with PAKRX (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 0.78 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 | 0.71 | 0.78 | 87 | Technology Equities | PAKRX vs PRSCX | |
| Dimensional Retirement Income Fund | 0.80 | 0.82 | 0.79 | 77 | Target Retirement Date | PAKRX vs TDIFX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.81 | 0.81 | 0.86 | 52 | Large Cap Blend Equities, Dividend | PAKRX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | 0.85 | 0.85 | 0.89 | 64 | Large Cap Blend Equities | PAKRX vs PRCOX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.86 | 0.80 | 0.78 | 65 | Target Retirement Date | PAKRX vs FRIMX |
See all 62 diversifiers for PAKRX
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