Looking to diversify beyond PGGAX? The mutual funds below have the lowest correlation with PGGAX — 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 PGGAX.
Best Diversifiers for PGGAX
2 mutual funds have low correlation with PGGAX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.20, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.20 | 0.36 | 0.51 | 75 | Global Equities | PGGAX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.27 | 0.44 | 0.59 | 69 | Global Equities | PGGAX vs FGIAX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.47 | 0.59 | 0.68 | 66 | Global Equities | PGGAX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.47 | 0.59 | 0.69 | 67 | Global Equities | PGGAX vs VMNVX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.47 | 0.61 | 0.70 | 86 | Global Equities | PGGAX vs RTXAX |
See all 35 diversifiers for PGGAX
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