Looking to diversify beyond PVPNX? The mutual funds below have the lowest correlation with PVPNX — 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 PVPNX.
Best Diversifiers for PVPNX
1 mutual funds have low correlation with PVPNX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Commodity Real Return Strategy Fund (PCRIX) (Commodities) with a 1Y correlation of 0.01, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | 0.01 | 0.19 | 0.25 | 75 | Commodities | PVPNX vs PCRIX | |
| PIMCO RAE US Small Fund | 0.73 | 0.77 | 0.77 | 67 | Small Cap Value Equities | PVPNX vs PMJIX | |
| Dimensional Retirement Income Fund | 0.78 | 0.82 | 0.79 | 83 | Target Retirement Date | PVPNX vs TDIFX | |
| Fidelity Freedom Income Fund Class K | 0.85 | 0.79 | 0.76 | 75 | Target Retirement Date | PVPNX vs FNSHX | |
| Fidelity Freedom Income Fund | 0.85 | 0.79 | 0.76 | 76 | Target Retirement Date | PVPNX vs FFFAX |
See all 51 diversifiers for PVPNX
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