Looking to diversify beyond PATVX? The mutual funds below have the lowest correlation with PATVX — 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 PATVX.
Best Diversifiers for PATVX
0 mutual funds have low correlation with PATVX (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 0.70, roughly unchanged from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.70 | 0.74 | 0.79 | 90 | Technology Equities | PATVX vs PRSCX | |
| Dimensional Retirement Income Fund | 0.76 | 0.79 | 0.77 | 85 | Target Retirement Date | PATVX vs TDIFX | |
| T. Rowe Price Capital Appreciation Fund | 0.79 | 0.84 | 0.88 | 51 | Diversified Portfolio | PATVX vs PRWCX | |
| Fidelity Freedom Income Fund Class K | 0.82 | 0.75 | 0.74 | 74 | Target Retirement Date | PATVX vs FNSHX | |
| Fidelity Freedom Income Fund | 0.82 | 0.76 | 0.74 | 72 | Target Retirement Date | PATVX vs FFFAX |
See all 51 diversifiers for PATVX
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