Looking to diversify beyond PRCHX? The mutual funds below have historically moved differently from PRCHX, 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 PRCHX
4 mutual funds have low correlation with PRCHX (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.25 | — | — | 83 | Diversified Portfolio | PRCHX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.04 | — | — | 66 | Diversified Portfolio | PRCHX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.29 | — | — | 89 | Diversified Portfolio | PRCHX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.30 | 0.47 | 0.47 | 91 | Diversified Portfolio | PRCHX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.30 | — | — | 91 | Diversified Portfolio | PRCHX vs FIQDX |
See all 59 diversifiers for PRCHX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PRCHX
Add PRCHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRCHX