Looking to diversify beyond PGWCX? The mutual funds below have historically moved differently from PGWCX, 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 PGWCX
0 mutual funds have low correlation with PGWCX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus NFJ Small-Cap Value Fund (PSVIX) (Small Cap Value Equities) with a 1Y correlation of 0.45, down from 0.59 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus NFJ Small-Cap Value Fund | 0.45 | 0.44 | 0.59 | 67 | Small Cap Value Equities | PGWCX vs PSVIX | |
| Virtus International Small-Cap Fund | 0.48 | 0.45 | 0.56 | 88 | Foreign Small & Mid Cap Equities | PGWCX vs ALOIX | |
| Virtus NFJ Dividend Value Fund | 0.48 | 0.43 | 0.60 | 91 | Large Cap Value Equities | PGWCX vs NFJEX | |
| Virtus Emerging Markets Opportunities Fund | 0.50 | 0.47 | 0.53 | 80 | Emerging Markets Equities | PGWCX vs AOTIX | |
| Virtus Short Duration High Income Fund | 0.55 | 0.43 | 0.47 | 79 | High Yield Bonds | PGWCX vs ASHIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PGWCX
Add PGWCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PGWCX