Looking to diversify beyond PLBBX? The mutual funds below have the lowest correlation with PLBBX — 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 PLBBX.
Best Diversifiers for PLBBX
6 mutual funds have low correlation with PLBBX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.06, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.06 | 0.17 | 0.50 | 70 | Diversified Portfolio | PLBBX vs MHELX | |
| Fidelity Strategic Real Return Fund | 0.25 | 0.43 | 0.50 | 87 | Diversified Portfolio | PLBBX vs FSRRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.25 | 0.43 | 0.50 | 82 | Diversified Portfolio | PLBBX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.25 | 0.43 | 0.50 | 86 | Diversified Portfolio | PLBBX vs FSIRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.26 | 0.43 | 0.50 | 88 | Diversified Portfolio | PLBBX vs FSRKX |
See all 25 diversifiers for PLBBX
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