Looking to diversify beyond PGROX? The mutual funds below have the lowest correlation with PGROX — 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 PGROX.
Best Diversifiers for PGROX
3 mutual funds have low correlation with PGROX (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 0.21, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.21 | 0.35 | 0.53 | 75 | Global Equities | PGROX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.26 | 0.42 | 0.59 | 69 | Global Equities | PGROX vs FGIAX | |
| BNY Mellon AMT-Free Municipal Bond Fund | 0.27 | 0.17 | 0.14 | 85 | Municipal Bonds | PGROX vs DRMBX | |
| BNY Mellon Natural Resources Fund Class A | 0.35 | 0.47 | 0.50 | 53 | Energy Equities | PGROX vs DNLAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.42 | 0.56 | 0.66 | 86 | Global Equities | PGROX vs RTXAX |
See all 42 diversifiers for PGROX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PGROX
Add PGROX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PGROX