Looking to diversify beyond PORTX? The mutual funds below have the lowest correlation with PORTX — 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 PORTX.
Best Diversifiers for PORTX
1 mutual funds have low correlation with PORTX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.25, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.25 | 0.38 | 0.55 | 52 | Global Equities | PORTX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.36 | 0.54 | 0.67 | 80 | Global Equities | PORTX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.46 | 0.49 | 0.63 | 86 | Global Equities | PORTX vs FMIEX | |
| LSV Global Managed Volatility Fund | 0.49 | 0.58 | 0.70 | 84 | Global Equities | PORTX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | 0.50 | 0.58 | 0.70 | 62 | Global Equities | PORTX vs SGMAX |
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