Looking to diversify beyond PPQZX? The mutual funds below have the lowest correlation with PPQZX — 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 PPQZX.
Best Diversifiers for PPQZX
0 mutual funds have low correlation with PPQZX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE US Small Fund (PMJIX) (Small Cap Value Equities) with a 1Y correlation of 0.74, roughly unchanged from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE US Small Fund | 0.74 | 0.77 | 0.79 | 72 | Small Cap Value Equities | PPQZX vs PMJIX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.76 | 70 | Target Retirement Date | PPQZX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.83 | 0.76 | 0.73 | 65 | Target Retirement Date | PPQZX vs FRIMX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.83 | 0.77 | 0.77 | 68 | Target Retirement Date | PPQZX vs FRQKX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.83 | 0.77 | 0.77 | 65 | Target Retirement Date | PPQZX vs FRQIX |
See all 52 diversifiers for PPQZX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PPQZX
Add PPQZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PPQZX