Looking to diversify beyond PRASX? The mutual funds below have the lowest correlation with PRASX — 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 PRASX.
Best Diversifiers for PRASX
0 mutual funds have low correlation with PRASX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price U.S. Equity Research Fund (PRCOX) (Large Cap Blend Equities) with a 1Y correlation of 0.64, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price U.S. Equity Research Fund | 0.64 | 0.63 | 0.61 | 69 | Large Cap Blend Equities | PRASX vs PRCOX | |
| T. Rowe Price Equity Index 500 Fund | 0.66 | 0.64 | 0.62 | 72 | Large Cap Blend Equities | PRASX vs PREIX | |
| T. Rowe Price Science And Technology Fund | 0.66 | 0.63 | 0.69 | 91 | Technology Equities | PRASX vs PRSCX | |
| Vanguard Pacific Stock Index Fund Admiral Shares | 0.74 | 0.71 | 0.71 | 82 | Asia Pacific Equities | PRASX vs VPADX | |
| Vanguard Pacific Stock Index Fund Institutional Sh... | 0.74 | 0.71 | 0.71 | 82 | Asia Pacific Equities | PRASX vs VPKIX |
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