Looking to diversify beyond PZRIX? The mutual funds below have the lowest correlation with PZRIX — 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 PZRIX.
Best Diversifiers for PZRIX
0 mutual funds have low correlation with PZRIX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris Foreign Value Fund (QFVOX) (Foreign Large Cap Equities) with a 1Y correlation of 0.54, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris Foreign Value Fund | 0.54 | 0.68 | 0.73 | 80 | Foreign Large Cap Equities | PZRIX vs QFVOX | |
| American Beacon Tocqueville International Value Fu... | 0.58 | 0.66 | 0.76 | 94 | Foreign Large Cap Equities | PZRIX vs TIVFX | |
| PIMCO RAE US Small Fund | 0.59 | 0.63 | 0.68 | 72 | Small Cap Value Equities | PZRIX vs PMJIX | |
| Thornburg Global Opportunities Fund | 0.60 | 0.72 | 0.79 | 91 | Foreign Large Cap Equities | PZRIX vs THOIX | |
| State Street Hedged International Developed Equity... | 0.63 | 0.68 | 0.74 | 77 | Foreign Large Cap Equities | PZRIX vs SSHQX |
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