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Princeton Premium Fund (PPFIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The investment seeks capital appreciation and income. The adviser utilize two principal investment strategies: a premium collection strategy involving sale or purchase of put options on the S&P 500 Index and investing in fixed income securities. The fund's adviser will determine the allocation between these strategies. The adviser intends to allocate between 30% to 100% of the fund's net assets to the premium collection strategy at any given time.

Looking to diversify beyond PPFIX? The mutual funds below have the lowest correlation with PPFIX — 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 PPFIX.

Best Diversifiers for PPFIX

16 mutual funds have low correlation with PPFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Gateway Fund Class Y Shares (GTEYX) (Options Trading) with a 1Y correlation of 0.09, roughly unchanged from 0.17 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GTEYX
Gateway Fund Class Y Shares0.090.140.17
74
Options TradingPPFIX vs GTEYX
GATEX
Gateway Fund0.090.140.17
73
Options TradingPPFIX vs GATEX
MAIPX
MAI Managed Volatility Fund0.100.160.18
91
Options TradingPPFIX vs MAIPX
QQQX
Nuveen Nasdaq 100 Dynamic Overwrite Fund0.120.110.12
68
Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively ManagedPPFIX vs QQQX
GCPYX
Gateway Equity Call Premium Fund0.150.160.19
85
Options TradingPPFIX vs GCPYX
See all 16 diversifiers for PPFIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from PPFIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PPFIX and solid risk/return profiles. The least correlated is PIMCO Dynamic Income Opportunities Fund (PDO) (Financial Services) with a 1Y correlation of 0.07, roughly unchanged from 0.05 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
PDO
PIMCO Dynamic Income Opportunities Fund0.070.050.05
70
Financial Services

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Diversification Analysis

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