Looking to diversify beyond PCM? The mutual funds below have the lowest correlation with PCM — 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 PCM.
Best Diversifiers for PCM
2 mutual funds have low correlation with PCM (below 0.3), 1 of which are negatively correlated. The least correlated is PIMCO Commodity Real Return Strategy Fund (PCRIX) (Commodities) with a 1Y correlation of -0.05, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | -0.05 | 0.06 | 0.08 | 75 | Commodities | PCM vs PCRIX | |
| PIMCO RAE US Small Fund | 0.29 | 0.22 | 0.26 | 67 | Small Cap Value Equities | PCM vs PMJIX |
Diversification Analysis
Build a portfolio that complements PCM
Add PCM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PCM