Looking to diversify beyond PDSZX? The mutual funds below have the lowest correlation with PDSZX — 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 PDSZX.
Best Diversifiers for PDSZX
12 mutual funds have low correlation with PDSZX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Municipal Real Return Portfolio (DMREX) (Municipal Bonds) with a 1Y correlation of 0.04, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Municipal Real Return Portfolio | 0.04 | 0.22 | 0.25 | 94 | Municipal Bonds | PDSZX vs DMREX | |
| DFA California Municipal Real Return Portfolio | 0.07 | 0.23 | 0.24 | 95 | Municipal Bonds | PDSZX vs DCARX | |
| PGIM Jennison Small Company Fund | 0.18 | 0.14 | 0.09 | 58 | Small Cap Growth Equities | PDSZX vs PGOAX | |
| DFA California Short Term Municipal Bond Portfolio | 0.21 | 0.32 | 0.42 | 99 | Municipal Bonds | PDSZX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.21 | 0.29 | 0.39 | 99 | Municipal Bonds | PDSZX vs DFSMX |
See all 32 diversifiers for PDSZX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PDSZX
Add PDSZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PDSZX