Looking to diversify beyond PRCGX? The mutual funds below have historically moved differently from PRCGX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PRCGX
0 mutual funds have low correlation with PRCGX (below 0.3), 0 of which are negatively correlated. The least correlated is Hennessy Cornerstone Growth Fund (HFCGX) (Small Cap Blend Equities) with a 1Y correlation of 0.38, down from 0.73 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hennessy Cornerstone Growth Fund | 0.38 | 0.71 | 0.73 | 53 | Small Cap Blend Equities | PRCGX vs HFCGX | |
| Loomis Sayles Small Cap Value Fund | 0.39 | 0.73 | 0.79 | 72 | Small Cap Blend Equities | PRCGX vs LSSCX | |
| Fidelity Flex 500 Index Fund | 0.44 | 0.61 | 0.68 | 59 | Large Cap Blend Equities | PRCGX vs FDFIX | |
| John Hancock Variable Insurance Trust Small Cap In... | 0.46 | 0.73 | 0.81 | 85 | Small Cap Blend Equities | PRCGX vs JESIX | |
| DFA International Small Company Portfolio | 0.46 | 0.58 | 0.66 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | PRCGX vs DFISX |
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