Looking to diversify beyond PRSVX? The mutual funds below have historically moved differently from PRSVX, 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 PRSVX
0 mutual funds have low correlation with PRSVX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Core Fund (QISCX) (Small Cap Blend Equities) with a 1Y correlation of 0.39, down from 0.78 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Core Fund | 0.39 | 0.61 | 0.78 | 67 | Small Cap Blend Equities | PRSVX vs QISCX | |
| T. Rowe Price Health Sciences Fund | 0.44 | 0.57 | 0.63 | 74 | Health & Biotech Equities | PRSVX vs PRHSX | |
| PRIMECAP Odyssey Aggressive Growth Fund | 0.62 | 0.69 | 0.74 | 78 | Mid Cap Growth Equities | PRSVX vs POAGX | |
| DFA International Small Company Portfolio | 0.63 | 0.65 | 0.70 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | PRSVX vs DFISX | |
| T. Rowe Price U.S. Equity Research Fund | 0.66 | 0.69 | 0.77 | 56 | Large Cap Blend Equities | PRSVX vs PRCOX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PRSVX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.19, down from 0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.19 | 0.28 | 0.37 | 77 | Real Estate | |
| NVIDIA Corporation | 0.28 | 0.28 | 0.44 | 56 | Technology |
Build a portfolio that complements PRSVX
Add PRSVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PRSVX