Looking to diversify beyond PFTSX? The mutual funds below have the lowest correlation with PFTSX — 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 PFTSX.
Best Diversifiers for PFTSX
1 mutual funds have low correlation with PFTSX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.08, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.08 | 0.17 | 0.48 | 75 | Diversified Portfolio | PFTSX vs MHELX | |
| Concorde Wealth Management Fund | 0.35 | 0.55 | 0.65 | 62 | Diversified Portfolio | PFTSX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.36 | 0.55 | 0.60 | 87 | Diversified Portfolio | PFTSX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.37 | 0.55 | 0.60 | 87 | Diversified Portfolio | PFTSX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.37 | 0.55 | 0.60 | 82 | Diversified Portfolio | PFTSX vs FCSRX |
See all 24 diversifiers for PFTSX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PFTSX
Add PFTSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PFTSX