Looking to diversify beyond PEBIX? The mutual funds below have the lowest correlation with PEBIX — 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 PEBIX.
Best Diversifiers for PEBIX
2 mutual funds have low correlation with PEBIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cliffwater Corporate Lending Fund (CCLFX) (High Yield Bonds) with a 1Y correlation of 0.00, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.00 | 0.03 | 0.06 | 100 | High Yield Bonds | PEBIX vs CCLFX | |
| Virtus Stone Harbor Emerging Markets Income Fund | 0.27 | 0.24 | 0.29 | 61 | Emerging Markets Bonds | PEBIX vs EDF | |
| PIMCO RAE US Small Fund | 0.35 | 0.30 | 0.24 | 74 | Small Cap Value Equities | PEBIX vs PMJIX | |
| BBH Limited Duration Fund Class N | 0.49 | 0.57 | 0.57 | 98 | Ultrashort Bond | PEBIX vs BBBMX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.52 | 0.57 | 0.64 | 98 | Emerging Markets Bonds | PEBIX vs DBLLX |
See all 22 diversifiers for PEBIX
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