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T. Rowe Price Global Technology Fund (PRGTX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
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The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of companies the managers expect to generate a majority of their revenues from the development, advancement, and use of technology. It normally seeks to invest in at least 5 countries and allocate approximately 25% of its assets in stocks of companies outside the U.S, including companies in emerging markets.

Looking to diversify beyond PRGTX? The mutual funds below have historically moved differently from PRGTX, 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 PRGTX

4 mutual funds have low correlation with PRGTX (below 0.3), 2 of which are negatively correlated. The least correlated is BlackRock Energy Opportunities Fund (BACAX) (Energy Equities) with a 1Y correlation of -0.09, down from 0.16 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BACAX
BlackRock Energy Opportunities Fund-0.090.080.16
81
Energy EquitiesPRGTX vs BACAX
VGENX
Vanguard Energy Opportunities Fund Investor Shares-0.070.070.19
91
Energy EquitiesPRGTX vs VGENX
PRHSX
T. Rowe Price Health Sciences Fund0.160.360.52
74
Health & Biotech EquitiesPRGTX vs PRHSX
FHCIX
Fidelity Advisor Health Care Fund Class I0.240.380.54
69
Health & Biotech EquitiesPRGTX vs FHCIX
PRFDX
T. Rowe Price Equity Income Fund0.350.410.47
91
Dividend, Large Cap Value EquitiesPRGTX vs PRFDX
See all 59 diversifiers for PRGTX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for PRGTX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of -0.20, down from 0.10 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
O
Realty Income Corporation-0.20-0.070.10
77
Real Estate
NVDA
NVIDIA Corporation0.740.790.79
56
Technology

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