Looking to diversify beyond PHTTX? The mutual funds below have the lowest correlation with PHTTX — 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 PHTTX.
Best Diversifiers for PHTTX
0 mutual funds have low correlation with PHTTX (below 0.3), 0 of which are negatively correlated. The least correlated is Principal Small-MidCap Dividend Income Fund (PMDIX) (Mid Cap Value Equities) with a 1Y correlation of 0.73, roughly unchanged from 0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Principal Small-MidCap Dividend Income Fund | 0.73 | 0.78 | 0.81 | 51 | Mid Cap Value Equities | PHTTX vs PMDIX | |
| Principal Equity Income Fund | 0.77 | 0.80 | 0.84 | 71 | Large Cap Value Equities | PHTTX vs PQIAX | |
| Principal SmallCap S&P 600 Index Fund | 0.78 | 0.79 | 0.81 | 66 | Small Cap Blend Equities | PHTTX vs PSSMX | |
| Dimensional Retirement Income Fund | 0.80 | 0.87 | 0.85 | 77 | Target Retirement Date | PHTTX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.89 | 0.91 | 81 | Target Retirement Date | PHTTX vs DRILX |
See all 45 diversifiers for PHTTX
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