Looking to diversify beyond PFBPX? The mutual funds below have the lowest correlation with PFBPX — 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 PFBPX.
Best Diversifiers for PFBPX
0 mutual funds have low correlation with PFBPX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE US Small Fund (PMJIX) (Small Cap Value Equities) with a 1Y correlation of 0.33, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE US Small Fund | 0.33 | 0.21 | 0.11 | 72 | Small Cap Value Equities | PFBPX vs PMJIX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.40 | 0.41 | 0.39 | 98 | Global Bonds | PFBPX vs DGFFX | |
| Eaton Vance Global Bond Fund | 0.42 | 0.43 | 0.38 | 90 | Global Bonds | PFBPX vs EAIIX | |
| Payden Global Low Duration Fund | 0.46 | 0.38 | 0.41 | 77 | Global Bonds | PFBPX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 0.58 | 0.35 | 0.41 | 81 | Global Bonds | PFBPX vs DFSHX |
See all 8 diversifiers for PFBPX
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