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T. Rowe Price International Discovery Fund (PRIDX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The investment seeks long-term growth of capital through investments primarily in the common stocks of rapidly growing, small- to medium-sized companies outside the U.S. The managers expect to primarily invest outside the U.S. and to diversify broadly across a variety of industries in developed and emerging market countries throughout the world. Normally, at least 80% of the fund's net assets (including any borrowings for investment purposes) will be invested in non-U.S. stocks.

Looking to diversify beyond PRIDX? The mutual funds below have the lowest correlation with PRIDX — 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 PRIDX.

Best Diversifiers for PRIDX

0 mutual funds have low correlation with PRIDX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price New Era Fund (PRNEX) (Energy Equities) with a 1Y correlation of 0.44, down from 0.61 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PRNEX
T. Rowe Price New Era Fund0.440.540.61
55
Energy EquitiesPRIDX vs PRNEX
PRSCX
T. Rowe Price Science And Technology Fund0.550.580.68
56
Technology EquitiesPRIDX vs PRSCX
NOSGX
Northern Small Cap Value Fund0.590.620.63
71
Small Cap Value EquitiesPRIDX vs NOSGX
VWINX
Vanguard Wellesley Income Fund Investor Shares0.640.620.62
53
Diversified PortfolioPRIDX vs VWINX
MAPTX
Matthews Pacific Tiger Fund0.650.680.72
80
Asia Pacific EquitiesPRIDX vs MAPTX
See all 23 diversifiers for PRIDX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from PRIDX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PRIDX and solid risk/return profiles. The least correlated is United Airlines Holdings, Inc. (UAL) (Industrials) with a 1Y correlation of 0.48, roughly unchanged from 0.43 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
UAL
United Airlines Holdings, Inc.0.480.410.43
70
Industrials
LUV
Southwest Airlines Co.0.480.400.43
66
Industrials
DAL
Delta Air Lines, Inc.0.490.450.48
82
Industrials
AAL
American Airlines Group Inc.0.490.420.44
66
Industrials

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