Looking to diversify beyond TRBFX? The mutual funds below have the lowest correlation with TRBFX — 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 TRBFX.
Best Diversifiers for TRBFX
9 mutual funds have low correlation with TRBFX (below 0.3), 3 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of -0.09, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | -0.09 | -0.01 | 0.08 | 90 | Technology Equities | TRBFX vs PRSCX | |
| T. Rowe Price Equity Index 500 Fund | -0.03 | 0.07 | 0.12 | 73 | Large Cap Blend Equities | TRBFX vs PREIX | |
| T. Rowe Price U.S. Equity Research Fund | -0.02 | 0.06 | 0.12 | 71 | Large Cap Blend Equities | TRBFX vs PRCOX | |
| T. Rowe Price Capital Appreciation Fund | 0.03 | 0.14 | 0.18 | 51 | Diversified Portfolio | TRBFX vs PRWCX | |
| T. Rowe Price Equity Income Fund | 0.04 | 0.11 | 0.14 | 61 | Large Cap Value Equities | TRBFX vs PRFDX |
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