Looking to diversify beyond PAULX? The mutual funds below have historically moved differently from PAULX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PAULX
0 mutual funds have low correlation with PAULX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.33, up from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.33 | 0.14 | 0.13 | 97 | Large Cap Blend Equities | PAULX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.33 | 0.38 | 59 | Preferred Stock | PAULX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.63 | 0.72 | 0.80 | 89 | Large Cap Blend Equities | PAULX vs RCKSX | |
| First Eagle Overseas Fund Class I | 0.65 | 0.59 | 0.64 | 80 | Foreign Large Cap Equities | PAULX vs SGOIX | |
| Muhlenkamp Fund | 0.67 | 0.73 | 0.73 | 59 | Large Cap Blend Equities | PAULX vs MUHLX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PAULX
Add PAULX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PAULX