Looking to diversify beyond PQTSX? The mutual funds below have the lowest correlation with PQTSX — 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 PQTSX.
Best Diversifiers for PQTSX
3 mutual funds have low correlation with PQTSX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.05, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 0.05 | 0.24 | 0.28 | 81 | Inflation-Protected Bonds | PQTSX vs SEIAX | |
| PGIM Floating Rate Income Fund | 0.14 | 0.12 | 0.11 | 94 | Bank Loan | PQTSX vs FRFZX | |
| Allspring Real Return Fund | 0.18 | 0.46 | 0.61 | 92 | Inflation-Protected Bonds | PQTSX vs IPBAX | |
| PIMCO Inflation Response Multi-Asset Fund | 0.44 | 0.53 | 0.55 | 91 | Diversified Portfolio | PQTSX vs PZRMX | |
| PGIM High Yield Fund | 0.47 | 0.52 | 0.47 | 71 | High Yield Bonds | PQTSX vs PBHAX |
See all 22 diversifiers for PQTSX
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