Looking to diversify beyond PRUFX? The mutual funds below have the lowest correlation with PRUFX — 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 PRUFX.
Best Diversifiers for PRUFX
0 mutual funds have low correlation with PRUFX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.50, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.50 | 0.58 | 0.68 | 52 | Large Cap Growth Equities | PRUFX vs BPTRX | |
| ICON Equity Fund | 0.51 | 0.50 | 0.64 | 85 | Large Cap Growth Equities | PRUFX vs IOLZX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.56 | 0.63 | 0.72 | 52 | Large Cap Blend Equities, Dividend | PRUFX vs PRDGX | |
| Davis New York Venture Fund Class Y | 0.56 | 0.63 | 0.72 | 80 | Large Cap Growth Equities | PRUFX vs DNVYX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.61 | 0.58 | 0.66 | 65 | Foreign Large Cap Equities | PRUFX vs VTMGX |
See all 35 diversifiers for PRUFX
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