Looking to diversify beyond PLZTX? The mutual funds below have the lowest correlation with PLZTX — 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 PLZTX.
Best Diversifiers for PLZTX
0 mutual funds have low correlation with PLZTX (below 0.3), 0 of which are negatively correlated. The least correlated is Principal Diversified Select Real Asset Fund (PDSYX) (Global Allocation) with a 1Y correlation of 0.52, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 0.52 | 0.68 | 0.74 | 92 | Global Allocation | PLZTX vs PDSYX | |
| Dimensional Retirement Income Fund | 0.80 | 0.84 | 0.81 | 77 | Target Retirement Date | PLZTX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.85 | 0.89 | 0.92 | 61 | Target Retirement Date | PLZTX vs LTTIX | |
| Voya Target In-Retirement Fund | 0.86 | 0.89 | 0.89 | 79 | Target Retirement Date | PLZTX vs ISOLX | |
| Prudential Day One Income Fund | 0.86 | 0.88 | 0.89 | 79 | Target Retirement Date | PLZTX vs PDAHX |
See all 53 diversifiers for PLZTX
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