Looking to diversify beyond PIMSX? The mutual funds below have the lowest correlation with PIMSX — 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 PIMSX.
Best Diversifiers for PIMSX
9 mutual funds have low correlation with PIMSX (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 0.01, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.01 | 0.04 | 0.29 | 68 | Short-Term Bond | PIMSX vs DFCFX | |
| The Merger Fund | 0.17 | 0.04 | 0.08 | 97 | Event Driven | PIMSX vs MERFX | |
| GuidePath Absolute Return Allocation Fund | 0.22 | 0.47 | 0.54 | 57 | Short-Term Bond | PIMSX vs GPARX | |
| CM Advisors Fixed Income Fund | 0.22 | 0.30 | 0.30 | 72 | Short-Term Bond | PIMSX vs CMFIX | |
| GuidepathConservative Income Fund | 0.23 | 0.34 | 0.37 | 99 | Short-Term Bond | PIMSX vs GPICX |
See all 23 diversifiers for PIMSX
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