Looking to diversify beyond PZIEX? The mutual funds below have the lowest correlation with PZIEX — 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 PZIEX.
Best Diversifiers for PZIEX
0 mutual funds have low correlation with PZIEX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Emerging Markets K (FKEMX) (Emerging Markets Equities) with a 1Y correlation of 0.45, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Emerging Markets K | 0.45 | 0.56 | 0.59 | 82 | Emerging Markets Equities | PZIEX vs FKEMX | |
| Fidelity Emerging Markets | 0.45 | 0.56 | 0.59 | 81 | Emerging Markets Equities | PZIEX vs FEMKX | |
| Templeton Emerging Markets Fund | 0.46 | 0.60 | 0.63 | 95 | Emerging Markets Equities | PZIEX vs EMF | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 0.49 | 0.59 | 0.61 | 91 | Emerging Markets Equities | PZIEX vs JEMWX | |
| JPMorgan Emerging Markets Equity Fund Class I | 0.49 | 0.59 | 0.61 | 91 | Emerging Markets Equities | PZIEX vs JEMSX |
See all 33 diversifiers for PZIEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PZIEX
Add PZIEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PZIEX