Looking to diversify beyond PQNCX? The mutual funds below have the lowest correlation with PQNCX — 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 PQNCX.
Best Diversifiers for PQNCX
0 mutual funds have low correlation with PQNCX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus NFJ Emerging Markets Value Fund (AZMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.37, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus NFJ Emerging Markets Value Fund | 0.37 | 0.41 | 0.50 | 69 | Emerging Markets Diversified | PQNCX vs AZMIX | |
| Virtus Short Duration High Income Fund | 0.46 | 0.49 | 0.54 | 77 | High Yield Bonds | PQNCX vs ASHIX | |
| Virtus International Small-Cap Fund | 0.50 | 0.54 | 0.63 | 78 | Foreign Small & Mid Cap Equities | PQNCX vs ALOIX | |
| Virtus Convertible Fund | 0.66 | 0.68 | 0.75 | 90 | Convertible Bonds | PQNCX vs ANNPX | |
| Virtus Income & Growth Fund | 0.68 | 0.69 | 0.79 | 64 | Diversified Portfolio | PQNCX vs AZNIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PQNCX
Add PQNCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PQNCX