Looking to diversify beyond PSVIX? The mutual funds below have historically moved differently from PSVIX, 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 PSVIX
0 mutual funds have low correlation with PSVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Short Duration High Income Fund (ASHIX) (High Yield Bonds) with a 1Y correlation of 0.42, roughly unchanged from 0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Short Duration High Income Fund | 0.42 | 0.47 | 0.50 | 79 | High Yield Bonds | PSVIX vs ASHIX | |
| Virtus International Small-Cap Fund | 0.45 | 0.50 | 0.59 | 88 | Foreign Small & Mid Cap Equities | PSVIX vs ALOIX | |
| Aegis Value Fund Class I | 0.48 | 0.49 | 0.54 | 94 | Small Cap Value Equities | PSVIX vs AVALX | |
| Palm Valley Capital Fund Investor Class | 0.59 | 0.65 | 0.63 | 73 | Small Cap Value Equities | PSVIX vs PVCMX | |
| Virtus Convertible Fund | 0.60 | 0.67 | 0.74 | 78 | Convertible Bonds | PSVIX vs ANNPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PSVIX
Add PSVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSVIX