Looking to diversify beyond PFIAX? The mutual funds below have the lowest correlation with PFIAX — 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 PFIAX.
Best Diversifiers for PFIAX
5 mutual funds have low correlation with PFIAX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.12, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.12 | 0.02 | 0.20 | 100 | Short-Term Bond | PFIAX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.20 | 0.21 | 0.37 | 84 | Short-Term Bond | PFIAX vs LCCMX | |
| GuidePath Absolute Return Allocation Fund | 0.20 | 0.54 | 0.60 | 74 | Short-Term Bond | PFIAX vs GPARX | |
| DFA Short-Duration Real Return Portfolio | 0.25 | 0.20 | 0.34 | 97 | Short-Term Bond | PFIAX vs DFAIX | |
| GuidepathConservative Income Fund | 0.27 | 0.35 | 0.41 | 99 | Short-Term Bond | PFIAX vs GPICX |
See all 11 diversifiers for PFIAX
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