Looking to diversify beyond PRLAX? The mutual funds below have the lowest correlation with PRLAX — 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 PRLAX.
Best Diversifiers for PRLAX
0 mutual funds have low correlation with PRLAX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.45 | 0.41 | 0.45 | 87 | Technology Equities | PRLAX vs PRSCX | |
| T. Rowe Price Global Technology Fund | 0.48 | 0.44 | 0.45 | 87 | Technology Equities | PRLAX vs PRGTX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.54 | 0.49 | 0.49 | 52 | Large Cap Blend Equities, Dividend | PRLAX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | 0.55 | 0.50 | 0.50 | 64 | Large Cap Blend Equities | PRLAX vs PRCOX | |
| T. Rowe Price Equity Index 500 Fund | 0.56 | 0.51 | 0.51 | 65 | Large Cap Blend Equities | PRLAX vs PREIX |
See all 6 diversifiers for PRLAX
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