Looking to diversify beyond PRGFX? The mutual funds below have historically moved differently from PRGFX, 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 PRGFX
3 mutual funds have low correlation with PRGFX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) (Mid Cap Value Equities) with a 1Y correlation of 0.24, down from 0.53 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.24 | 0.36 | 0.53 | 89 | Mid Cap Value Equities | PRGFX vs VMVAX | |
| JPMorgan Mid Cap Value Fund | 0.26 | 0.39 | 0.55 | 59 | Mid Cap Value Equities | PRGFX vs FLMVX | |
| T. Rowe Price Equity Income Fund | 0.29 | 0.35 | 0.48 | 91 | Dividend, Large Cap Value Equities | PRGFX vs PRFDX | |
| Dodge & Cox Stock Fund Class I | 0.38 | 0.48 | 0.62 | 56 | Large Cap Value Equities | PRGFX vs DODGX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.54 | 0.62 | 0.72 | 77 | Large Cap Blend Equities, Dividend | PRGFX vs PRDGX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PRGFX
Add PRGFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRGFX