Looking to diversify beyond PFORX? The mutual funds below have historically moved differently from PFORX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PFORX
13 mutual funds have low correlation with PFORX (below 0.3), 9 of which are negatively correlated. The least correlated is PIMCO CommoditiesPLUS Strategy Fund (PCLIX) (Commodities) with a 1Y correlation of -0.47, down from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO CommoditiesPLUS Strategy Fund | -0.47 | -0.22 | -0.15 | 72 | Commodities | PFORX vs PCLIX | |
| PIMCO CommoditiesPLUS Strategy Fund | -0.47 | -0.22 | -0.15 | 70 | Commodities | PFORX vs PCLAX | |
| PIMCO CommoditiesPLUS Strategy I2 | -0.47 | -0.22 | -0.14 | 70 | Commodities | PFORX vs PCLPX | |
| PIMCO Commodity Real Return Strategy Fund | -0.29 | -0.09 | -0.04 | 69 | Commodities | PFORX vs PCRIX | |
| PIMCO Commodity Real Return Strategy Fund Class A | -0.28 | -0.09 | -0.04 | 64 | Commodities | PFORX vs PCRAX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PFORX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.21, roughly unchanged from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.21 | 0.12 | 0.12 | 89 | Technology |
Build a portfolio that complements PFORX
Add PFORX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PFORX