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PACE Strategic Fixed Income Investments (PCSIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

The investment seeks total return consisting of income and capital appreciation. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in investment grade fixed income securities. It also invests, to a limited extent, in bonds that are below investment grade. The advisor may, but is not required to, use exchange-traded or over-the-counter derivative instruments for risk management purposes or to attempt to increase total returns.

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

Best Diversifiers for PCSIX

2 mutual funds have low correlation with PCSIX (below 0.3), 0 of which are negatively correlated. The least correlated is UBS Emerging Markets Equity Opportunity Fund (EMPTX) (Emerging Markets Diversified) with a 1Y correlation of 0.12, roughly unchanged from 0.08 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
EMPTX
UBS Emerging Markets Equity Opportunity Fund0.120.100.08
94
Emerging Markets DiversifiedPCSIX vs EMPTX
PCEMX
PACE International Emerging Markets Equity Investm...0.160.150.12
91
Emerging Markets DiversifiedPCSIX vs PCEMX
HOBIX
Holbrook Income Fund Class I0.300.320.37
98
Intermediate Core-Plus BondPCSIX vs HOBIX
DVRUX
UBS US Dividend Ruler Fund0.340.240.19
64
Large Cap Value EquitiesPCSIX vs DVRUX
LCTIX
Leader Capital High Quality Income Fund Institutio...0.370.190.14
92
Intermediate Core-Plus BondPCSIX vs LCTIX
See all 15 diversifiers for PCSIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from PCSIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PCSIX and solid risk/return profiles. The least correlated is ASML Holding N.V. (ASML) (Technology) with a 1Y correlation of 0.24, roughly unchanged from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
ASML
ASML Holding N.V.0.240.120.14
94
Technology

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Diversification Analysis

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