Looking to diversify beyond PTSHX? The mutual funds below have the lowest correlation with PTSHX — 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 PTSHX.
Best Diversifiers for PTSHX
60 mutual funds have low correlation with PTSHX (below 0.3), 9 of which are negatively correlated. The least correlated is Tactical Multi-Purpose Fund (TMPFX) (Ultrashort Bond) with a 1Y correlation of -0.11, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | -0.11 | -0.02 | 0.01 | 100 | Ultrashort Bond | PTSHX vs TMPFX | |
| DFA One Year Fixed Income Portfolio | -0.09 | 0.02 | 0.01 | 99 | Ultrashort Bond | PTSHX vs DFIHX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.08 | -0.07 | -0.02 | 99 | Total Bond Market | PTSHX vs VUBFX | |
| DFA Two-Year Government Portfolio | -0.07 | -0.02 | 0.00 | 55 | Ultrashort Bond | PTSHX vs DFYGX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.06 | -0.09 | -0.04 | 100 | Total Bond Market | PTSHX vs VUSFX |
See all 73 diversifiers for PTSHX
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