Looking to diversify beyond POGRX? The mutual funds below have historically moved differently from POGRX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for POGRX
2 mutual funds have low correlation with POGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Short-Term Treasury Bond Index Fund (FUMBX) (Short-Term Bond) with a 1Y correlation of 0.15, roughly unchanged from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Short-Term Treasury Bond Index Fund | 0.15 | 0.08 | 0.07 | 55 | Short-Term Bond, Government Bonds | POGRX vs FUMBX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.29 | 0.15 | 0.13 | 97 | Large Cap Blend Equities | POGRX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.36 | 0.55 | 0.74 | 50 | Large Cap Blend Equities | POGRX vs QKACX | |
| Federated Hermes MDT All Cap Core Fund | 0.36 | 0.55 | 0.74 | 53 | Large Cap Blend Equities | POGRX vs QIACX | |
| ClearBridge Dividend Strategy Fund | 0.38 | 0.61 | 0.73 | 69 | Large Cap Blend Equities | POGRX vs SOPAX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for POGRX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of -0.15, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | -0.15 | 0.08 | 0.22 | 77 | Real Estate | |
| Berkshire Hathaway Inc. | -0.03 | 0.25 | 0.43 | 61 | Financial Services | |
| Medical Properties Trust, Inc | 0.10 | 0.27 | 0.34 | 63 | Real Estate |
Build a portfolio that complements POGRX
Add POGRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with POGRX