Looking to diversify beyond PFSIX? The mutual funds below have the lowest correlation with PFSIX — 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 PFSIX.
Best Diversifiers for PFSIX
1 mutual funds have low correlation with PFSIX (below 0.3), 1 of which are negatively correlated. The least correlated is PIMCO Commodity Real Return Strategy Fund (PCRIX) (Commodities) with a 1Y correlation of -0.09, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | -0.09 | 0.14 | 0.20 | 78 | Commodities | PFSIX vs PCRIX | |
| PIMCO RAE US Small Fund | 0.34 | 0.31 | 0.33 | 60 | Small Cap Value Equities | PFSIX vs PMJIX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.43 | 0.50 | 0.54 | 98 | Emerging Markets Bonds | PFSIX vs DBLLX | |
| American Beacon Frontier Markets Income Fund | 0.52 | 0.47 | 0.52 | 98 | Emerging Markets Bonds | PFSIX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.52 | 0.42 | 0.50 | 97 | Emerging Markets Bonds | PFSIX vs EELDX |
See all 17 diversifiers for PFSIX
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