Looking to diversify beyond PSPTX? The mutual funds below have the lowest correlation with PSPTX — 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 PSPTX.
Best Diversifiers for PSPTX
0 mutual funds have low correlation with PSPTX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.36, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.36 | 0.18 | 0.15 | 70 | Large Cap Blend Equities | PSPTX vs SVPFX | |
| AQR Long-Short Equity Fund | 0.45 | 0.43 | 0.33 | 57 | Long-Short | PSPTX vs QLEIX | |
| North Square Preferred and Income Securities Fund | 0.56 | 0.38 | 0.44 | 68 | Large Cap Blend Equities | PSPTX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.62 | 0.71 | 0.80 | 63 | Large Cap Blend Equities | PSPTX vs RCKSX | |
| Fidelity Infrastructure Fund | 0.66 | 0.61 | 0.69 | 51 | Large Cap Blend Equities | PSPTX vs FNSTX |
See all 37 diversifiers for PSPTX
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