Looking to diversify beyond TQAIX? The mutual funds below have the lowest correlation with TQAIX — 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 TQAIX.
Best Diversifiers for TQAIX
0 mutual funds have low correlation with TQAIX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of 0.63, down from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.63 | 0.68 | 0.75 | 89 | Technology Equities | TQAIX vs PRSCX | |
| Dodge & Cox International Stock Fund | 0.68 | 0.65 | 0.70 | 72 | Foreign Large Cap Equities, Large Cap Value Equities, Actively Managed | TQAIX vs DODFX | |
| T. Rowe Price Dividend Growth Fund, Inc. | 0.76 | 0.81 | 0.83 | 52 | Large Cap Blend Equities, Dividend | TQAIX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | 0.78 | 0.81 | 0.85 | 64 | Large Cap Blend Equities | TQAIX vs PRCOX | |
| T. Rowe Price Equity Index 500 Fund | 0.81 | 0.82 | 0.86 | 64 | Large Cap Blend Equities | TQAIX vs PREIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TQAIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TQAIX and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.13, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.13 | 0.02 | 0.17 | 74 | Consumer Defensive | |
| Chubb Limited | -0.11 | 0.09 | 0.26 | 69 | Financial Services | |
| Johnson & Johnson | 0.01 | 0.05 | 0.13 | 96 | Healthcare | |
| Bristol-Myers Squibb Company | 0.22 | 0.19 | 0.21 | 70 | Healthcare | |
| RTX Corporation | 0.32 | 0.29 | 0.42 | 73 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TQAIX
Add TQAIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TQAIX