Looking to diversify beyond PXNIX? The mutual funds below have the lowest correlation with PXNIX — 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 PXNIX.
Best Diversifiers for PXNIX
0 mutual funds have low correlation with PXNIX (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 0.42, up from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.42 | 0.28 | 0.23 | 72 | Large Cap Blend Equities | PXNIX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.47 | 0.42 | 0.45 | 69 | Large Cap Blend Equities | PXNIX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.57 | 0.62 | 0.68 | 62 | Large Cap Blend Equities | PXNIX vs RCKSX | |
| Permanent Portfolio Aggressive Growth Fund Class A | 0.63 | 0.65 | 0.71 | 65 | Large Cap Blend Equities | PXNIX vs PAGDX | |
| Permanent Portfolio Aggressive Growth Portfolio | 0.63 | 0.65 | 0.71 | 65 | Large Cap Blend Equities | PXNIX vs PAGRX |
See all 34 diversifiers for PXNIX
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