Looking to diversify beyond PLBEX? The mutual funds below have the lowest correlation with PLBEX — 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 PLBEX.
Best Diversifiers for PLBEX
0 mutual funds have low correlation with PLBEX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.32, down from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.32 | 0.75 | 0.85 | 99 | Large Cap Growth Equities | PLBEX vs EFCNX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.67 | 0.67 | 0.71 | 52 | Large Cap Growth Equities, Foreign Large Cap Equities | PLBEX vs VTMGX | |
| Davis New York Venture Fund Class Y | 0.69 | 0.73 | 0.77 | 82 | Large Cap Growth Equities | PLBEX vs DNVYX | |
| ICON Equity Fund | 0.70 | 0.67 | 0.75 | 76 | Large Cap Growth Equities | PLBEX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.70 | 0.78 | 0.84 | 73 | Large Cap Growth Equities | PLBEX vs ADX |
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