Looking to diversify beyond PRLAX? The mutual funds below have historically moved differently from PRLAX, 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 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 Dividend Growth Fund, Inc. (PRDGX) (Large Cap Blend Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Dividend Growth Fund, Inc. | 0.52 | 0.49 | 0.49 | 77 | Large Cap Blend Equities, Dividend | PRLAX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | 0.56 | 0.51 | 0.51 | 56 | Large Cap Blend Equities | PRLAX vs PRCOX | |
| T. Rowe Price Equity Index 500 Fund | 0.57 | 0.52 | 0.51 | 62 | Large Cap Blend Equities | PRLAX vs PREIX | |
| Vanguard 500 Index Fund Admiral Shares | 0.57 | 0.53 | 0.51 | 63 | S&P 500, Large Cap Blend Equities | PRLAX vs VFIAX | |
| DWS Latin America Equity Fund Class A | 0.94 | 0.93 | 0.94 | 63 | Latin America Equities | PRLAX vs SLANX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PRLAX
Add PRLAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRLAX