Looking to diversify beyond PPYPX? The mutual funds below have the lowest correlation with PPYPX — 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 PPYPX.
Best Diversifiers for PPYPX
1 mutual funds have low correlation with PPYPX (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 0.12, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | 0.12 | 0.27 | 0.31 | 78 | Commodities | PPYPX vs PCRIX | |
| Pear Tree Polaris Foreign Value Fund | 0.47 | 0.64 | 0.70 | 76 | Foreign Large Cap Equities | PPYPX vs QFVOX | |
| American Beacon Tocqueville International Value Fu... | 0.51 | 0.61 | 0.73 | 93 | Foreign Large Cap Equities | PPYPX vs TIVFX | |
| Thornburg Global Opportunities Fund | 0.52 | 0.67 | 0.75 | 94 | Foreign Large Cap Equities | PPYPX vs THOIX | |
| PIMCO RAE US Small Fund | 0.55 | 0.61 | 0.68 | 60 | Small Cap Value Equities | PPYPX vs PMJIX |
See all 81 diversifiers for PPYPX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PPYPX
Add PPYPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PPYPX