Looking to diversify beyond PEXMX? The mutual funds below have historically moved differently from PEXMX, 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 PEXMX
0 mutual funds have low correlation with PEXMX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Japan Fund (PRJPX) (Japan Equities) with a 1Y correlation of 0.53, roughly unchanged from 0.60 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Japan Fund | 0.53 | 0.57 | 0.60 | 59 | Japan Equities, Asia Pacific Equities | PEXMX vs PRJPX | |
| T.Rowe Price International Value Equity Fund | 0.66 | 0.66 | 0.70 | 81 | Foreign Large Cap Equities | PEXMX vs TRIGX | |
| JPMorgan Mid Cap Value Fund | 0.69 | 0.79 | 0.82 | 56 | Mid Cap Value Equities | PEXMX vs FLMVX | |
| T. Rowe Price International Equity Index Fund | 0.70 | 0.69 | 0.73 | 60 | Foreign Large Cap Equities | PEXMX vs PIEQX | |
| T. Rowe Price Value Fund | 0.70 | 0.76 | 0.78 | 91 | Large Cap Value Equities | PEXMX vs TRVLX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PEXMX
Add PEXMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PEXMX