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
1 mutual funds have low correlation with PPQZX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Commodity Real Return Strategy Fund (PCRIX) (Commodities) with a 1Y correlation of 0.03, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | 0.03 | 0.19 | 0.25 | 75 | Commodities | PPQZX vs PCRIX | |
| PIMCO RAE US Small Fund | 0.74 | 0.77 | 0.78 | 67 | Small Cap Value Equities | PPQZX vs PMJIX | |
| Dimensional Retirement Income Fund | 0.74 | 0.78 | 0.76 | 83 | Target Retirement Date | PPQZX vs TDIFX | |
| Fidelity Freedom Income Fund Class K | 0.81 | 0.74 | 0.72 | 75 | Target Retirement Date | PPQZX vs FNSHX | |
| Fidelity Freedom Income Fund | 0.81 | 0.75 | 0.72 | 76 | Target Retirement Date | PPQZX vs FFFAX |
See all 55 diversifiers for PPQZX
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