Looking to diversify beyond PDMIX? The mutual funds below have the lowest correlation with PDMIX — 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 PDMIX.
Best Diversifiers for PDMIX
10 mutual funds have low correlation with PDMIX (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 -0.14, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | -0.14 | 0.06 | 0.09 | 75 | Commodities | PDMIX vs PCRIX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.16 | 0.14 | 0.12 | 59 | Emerging Markets Equities | PDMIX vs VEMIX | |
| DFA Short-Term Government Portfolio | 0.19 | 0.08 | 0.31 | 62 | Government Bonds | PDMIX vs DFFGX | |
| PIMCO RAE US Small Fund | 0.25 | 0.22 | 0.15 | 67 | Small Cap Value Equities | PDMIX vs PMJIX | |
| Vanguard 500 Index Fund Admiral Shares | 0.26 | 0.21 | 0.18 | 73 | S&P 500, Large Cap Blend Equities | PDMIX vs VFIAX |
See all 34 diversifiers for PDMIX
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Diversification Analysis
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