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), 2 of which are negatively correlated. The least correlated is PIMCO Commodity Real Return Strategy Fund (PCRIX) (Commodities) with a 1Y correlation of -0.24, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | -0.24 | 0.05 | 0.11 | 75 | Commodities | PEBIX vs PCRIX | |
| Cliffwater Corporate Lending Fund | -0.05 | 0.02 | 0.05 | 100 | High Yield Bonds | PEBIX vs CCLFX | |
| PIMCO RAE US Small Fund | 0.32 | 0.28 | 0.24 | 67 | Small Cap Value Equities | PEBIX vs PMJIX | |
| BBH Limited Duration Fund Class N | 0.48 | 0.56 | 0.57 | 96 | Ultrashort Bond | PEBIX vs BBBMX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.48 | 0.39 | 0.42 | 97 | Emerging Markets Bonds | PEBIX vs EELDX |
See all 22 diversifiers for PEBIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PEBIX
Add PEBIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PEBIX