Looking to diversify beyond PFIIX? The mutual funds below have the lowest correlation with PFIIX — 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 PFIIX.
Best Diversifiers for PFIIX
4 mutual funds have low correlation with PFIIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Duration Real Return Portfolio (DFAIX) (Short-Term Bond) with a 1Y correlation of 0.19, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short-Duration Real Return Portfolio | 0.19 | 0.22 | 0.34 | 98 | Short-Term Bond | PFIIX vs DFAIX | |
| Leader Short Term High Yield Bond Fund | 0.24 | 0.23 | 0.38 | 79 | Short-Term Bond | PFIIX vs LCCMX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.25 | 0.51 | 0.47 | 89 | Inflation-Protected Bonds | PFIIX vs VTAPX | |
| GuidepathConservative Income Fund | 0.28 | 0.38 | 0.42 | 99 | Short-Term Bond | PFIIX vs GPICX | |
| GuidePath Absolute Return Allocation Fund | 0.30 | 0.57 | 0.61 | 57 | Short-Term Bond | PFIIX vs GPARX |
See all 29 diversifiers for PFIIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PFIIX
Add PFIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PFIIX