PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

PIMCO Fixed Income SHares: Series R (FXIRX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The investment seeks maximum real return, consistent with preservation of real capital and prudent investment management. The fund normally invests at least 80% of its net assets (plus borrowings made for investment purposes) in a portfolio of U.S. and foreign fixed income instruments including (but not limited to): inflation-indexed bonds issued by both U.S. and non-U.S. governments and corporations, including Treasury Inflation Protected Securities (TIPS); corporate debt securities of U.S. and non-U.S. issuers, including convertible securities and corporate commercial paper; etc.

Looking to diversify beyond FXIRX? The mutual funds below have the lowest correlation with FXIRX — 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 FXIRX.

Best Diversifiers for FXIRX

2 mutual funds have low correlation with FXIRX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.03, down from 0.28 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SEIAX
SEI Multi-Asset Real Return Fund Class A0.030.230.28
67
Inflation-Protected BondsFXIRX vs SEIAX
PMJIX
PIMCO RAE US Small Fund0.230.240.15
71
Small Cap Value EquitiesFXIRX vs PMJIX
IPBAX
Allspring Real Return Fund0.310.500.64
82
Inflation-Protected BondsFXIRX vs IPBAX
FSTZX
Fidelity Series 0-5 Year Inflation-Protected Bond ...0.500.69—
89
Inflation-Protected BondsFXIRX vs FSTZX
RRPAX
SEI Institutional Investments Trust Real Return Fu...0.540.740.75
81
Inflation-Protected BondsFXIRX vs RRPAX
See all 11 diversifiers for FXIRX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements FXIRX

Add FXIRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FXIRX