Looking to diversify beyond POAGX? The mutual funds below have the lowest correlation with POAGX — 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 POAGX.
Best Diversifiers for POAGX
0 mutual funds have low correlation with POAGX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Focused Growth Fund (BFGFX) (Mid Cap Growth Equities) with a 1Y correlation of 0.52, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Focused Growth Fund | 0.52 | 0.70 | 0.79 | 53 | Mid Cap Growth Equities | POAGX vs BFGFX | |
| Baron Focused Growth Fund Institutional Shares | 0.52 | 0.70 | 0.79 | 54 | Mid Cap Growth Equities | POAGX vs BFGIX | |
| Vanguard Wellesley Income Fund Investor Shares | 0.54 | 0.56 | 0.57 | 53 | Diversified Portfolio | POAGX vs VWINX | |
| T. Rowe Price Equity Income Fund | 0.58 | 0.64 | 0.68 | 74 | Large Cap Value Equities | POAGX vs PRFDX | |
| Vanguard Value Index Fund Institutional Shares | 0.60 | 0.65 | 0.67 | 87 | Large Cap Value Equities | POAGX vs VIVIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from POAGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to POAGX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.35, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.35 | 0.42 | 0.55 | 88 | Technology | |
| Amazon.com, Inc | 0.43 | 0.50 | 0.58 | 52 | Consumer Cyclical | |
| Alphabet Inc. Class A | 0.47 | 0.48 | 0.58 | 96 | Communication Services | |
| NVIDIA Corporation | 0.48 | 0.55 | 0.65 | 76 | Technology |
Build a portfolio that complements POAGX
Add POAGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with POAGX