Looking to diversify beyond PREFX? The mutual funds below have the lowest correlation with PREFX — 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 PREFX.
Best Diversifiers for PREFX
0 mutual funds have low correlation with PREFX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Value Fund (TRVLX) (Large Cap Value Equities) with a 1Y correlation of 0.44, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Value Fund | 0.44 | 0.52 | 0.65 | 70 | Large Cap Value Equities | PREFX vs TRVLX | |
| Baron Partners Fund | 0.51 | 0.60 | 0.70 | 52 | Large Cap Growth Equities | PREFX vs BPTRX | |
| ICON Equity Fund | 0.54 | 0.55 | 0.68 | 85 | Large Cap Growth Equities | PREFX vs IOLZX | |
| T.Rowe Price International Value Equity Fund | 0.54 | 0.55 | 0.62 | 55 | Foreign Large Cap Equities | PREFX vs TRIGX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.57 | 0.67 | 0.77 | 52 | Large Cap Blend Equities, Dividend | PREFX vs PRDGX |
See all 38 diversifiers for PREFX
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