Looking to diversify beyond PSF? The mutual funds below have the lowest correlation with PSF — 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 PSF.
Best Diversifiers for PSF
1 mutual funds have low correlation with PSF (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers MLP & Energy Opportunity Fund, Inc. (MLOZX) (Energy Equities) with a 1Y correlation of 0.10, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 0.10 | 0.29 | 0.32 | 97 | Energy Equities | PSF vs MLOZX | |
| Cohen & Steers Low Duration Preferred and Income F... | 0.36 | 0.39 | 0.40 | 84 | Preferred Stock/Convertible Bonds | PSF vs LPXZX | |
| Principal Capital Securities Fund | 0.39 | 0.36 | 0.39 | 77 | Preferred Stock/Convertible Bonds | PSF vs PCSFX | |
| Principal Spectrum Preferred and Capital Securitie... | 0.44 | 0.45 | 0.46 | 64 | Preferred Stock/Convertible Bonds | PSF vs PPSIX | |
| Cohen & Steers Preferred Securities and Income SMA... | 0.45 | 0.42 | 0.43 | 87 | Preferred Stock/Convertible Bonds | PSF vs PISHX |
See all 18 diversifiers for PSF
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PSF
Add PSF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSF