Looking to diversify beyond PCLPX? The mutual funds below have the lowest correlation with PCLPX — 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 PCLPX.
Best Diversifiers for PCLPX
1 mutual funds have low correlation with PCLPX (below 0.3), 1 of which are negatively correlated. The least correlated is PIMCO RAE US Small Fund (PMJIX) (Small Cap Value Equities) with a 1Y correlation of -0.08, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE US Small Fund | -0.08 | 0.09 | 0.25 | 72 | Small Cap Value Equities | PCLPX vs PMJIX | |
| Fidelity Advisor Global Commodity Stock Fund Class... | 0.51 | 0.54 | 0.60 | 63 | Commodities | PCLPX vs FFGTX | |
| Fidelity Advisor Global Commodity Stock Fund Class... | 0.51 | 0.54 | 0.60 | 64 | Commodities | PCLPX vs FFGAX | |
| Fidelity Advisor Global Commodity Stock Fund Class... | 0.51 | 0.54 | 0.60 | 65 | Commodities | PCLPX vs FFGIX | |
| Fidelity Advisor Global Commodity Stock Fund Class... | 0.51 | 0.54 | 0.60 | 61 | Commodities | PCLPX vs FCGCX |
See all 12 diversifiers for PCLPX
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