Looking to diversify beyond PRRSX? The mutual funds below have the lowest correlation with PRRSX — 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 PRRSX.
Best Diversifiers for PRRSX
3 mutual funds have low correlation with PRRSX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.23 | — | — | 98 | REIT | PRRSX vs QREARX | |
| Redwood Real Estate Income Fund | 0.00 | — | — | 100 | REIT | PRRSX vs CREMX | |
| Rydex NASDAQ-100 2x Strategy Fund | 0.12 | 0.28 | 0.43 | 61 | Leveraged Equities | PRRSX vs RYVYX | |
| Vanguard Wellington Fund Admiral Shares | 0.31 | 0.49 | 0.61 | 68 | Diversified Portfolio | PRRSX vs VWENX | |
| Fidelity Series Real Estate Income Fund | 0.46 | 0.54 | 0.66 | 89 | REIT | PRRSX vs FSREX |
See all 6 diversifiers for PRRSX
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