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Looking to diversify beyond PHEZX? The mutual funds below have the lowest correlation with PHEZX — 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 PHEZX.

Best Diversifiers for PHEZX

1 mutual funds have low correlation with PHEZX (below 0.3), 0 of which are negatively correlated. The least correlated is PGIM Floating Rate Income Fund (FRFZX) (Bank Loan) with a 1Y correlation of 0.29, roughly unchanged from 0.24 over 5 years.


See all 13 diversifiers for PHEZX

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Diversification Analysis

Build a portfolio that complements PHEZX

Add PHEZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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