Looking to diversify beyond PRIGX? The mutual funds below have the lowest correlation with PRIGX — 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 PRIGX.
Best Diversifiers for PRIGX
0 mutual funds have low correlation with PRIGX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.40, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.40 | 0.54 | 0.65 | 75 | Global Equities | PRIGX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.45 | 0.58 | 0.71 | 69 | Global Equities | PRIGX vs FGIAX | |
| T. Rowe Price Health Sciences Fund Class I | 0.45 | 0.58 | 0.65 | 68 | Health & Biotech Equities | PRIGX vs THISX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.57 | 0.69 | 0.78 | 67 | Global Equities | PRIGX vs VMNVX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.57 | 0.69 | 0.78 | 66 | Global Equities | PRIGX vs VMVFX |
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