Looking to diversify beyond PGEIX? The mutual funds below have historically moved differently from PGEIX, 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 PGEIX
2 mutual funds have low correlation with PGEIX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.15 | — | — | 56 | Foreign Large Cap Equities, Emerging Markets Equities | PGEIX vs GSIYX | |
| The Cook & Bynum Fund | 0.25 | — | — | 66 | Emerging Markets Equities | PGEIX vs COBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.33 | — | — | 92 | Emerging Markets Equities | PGEIX vs ESCIX | |
| Cullen Emerging Markets High Dividend Fund | 0.56 | — | — | 71 | Emerging Markets Equities | PGEIX vs CEMFX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 0.64 | — | — | 53 | Emerging Markets Equities, Low Volatility | PGEIX vs FGKPX |
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