Looking to diversify beyond PGIIX? The mutual funds below have the lowest correlation with PGIIX — 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 PGIIX.
Best Diversifiers for PGIIX
1 mutual funds have low correlation with PGIIX (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 0.15, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.15 | 0.23 | 0.43 | 51 | Global Equities | PGIIX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.33 | 0.41 | 0.54 | 76 | Global Equities | PGIIX vs RTXAX | |
| Polaris Global Value Fund | 0.38 | 0.47 | 0.58 | 92 | Global Equities | PGIIX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.43 | 0.38 | 0.51 | 86 | Global Equities | PGIIX vs FMIEX | |
| LSV Global Managed Volatility Fund | 0.47 | 0.47 | 0.59 | 84 | Global Equities | PGIIX vs LVAFX |
See all 26 diversifiers for PGIIX
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