PIMCO Inflation Response Multi-Asset Fund Institutional (PIRMX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PIRMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PIRMX
PIRMX charges 1.91% annually. There are 517 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | PIRMX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | PIRMX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | PIRMX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | PIRMX vs BWBIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | PIRMX vs FYMIX |
Best Risk-Adjusted Alternatives to PIRMX
PIRMX has a PortfoliosLab risk / return rank of 91. There are 18 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | PIRMX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | PIRMX vs TIBIX | |
| Allspring Diversified Capital Builder Fund | 97 | — | Jan 1998 | PIRMX vs EKBAX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | PIRMX vs NWQIX | |
| Fidelity Strategic Real Return Fund Class K6 | 96 | — | Sep 2005 | PIRMX vs FSRKX |
Top Performing PIRMX Alternatives (YTD)
PIRMX is at 7.45% YTD. There are 246 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 36.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 36.56% | — | Jan 1998 | PIRMX vs EKBAX | |
| Greenspring Fund | 21.59% | — | Jun 1983 | PIRMX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 17.96% | — | Dec 2002 | PIRMX vs TIBIX | |
| MH Elite Small Cap Fund of Funds Fund | 17.65% | — | Aug 1998 | PIRMX vs MHELX | |
| Disciplined Growth Investors Fund | 17.45% | — | Aug 2011 | PIRMX vs DGIFX |
Lowest Volatility Alternatives to PIRMX
PIRMX has 5.88% 1-year volatility. There are 120 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | PIRMX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.63% | — | Apr 2012 | PIRMX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | PIRMX vs SICIX | |
| Ave Maria Bond Fund | 2.93% | — | Apr 2003 | PIRMX vs AVEFX | |
| American Funds College 2027 Fund | 3.03% | — | Sep 2012 | PIRMX vs CSTAX |
Lowest Drawdown Alternatives to PIRMX
PIRMX has a 1-year max drawdown of -3.37%. There are 32 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | PIRMX vs STDAX | |
| Fidelity Strategic Real Return Fund Class K6 | -1.93% | — | Sep 2005 | PIRMX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.94% | — | Oct 2018 | PIRMX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.99% | — | Sep 2005 | PIRMX vs FCSRX | |
| Fidelity Strategic Real Return Fund | -2.05% | — | Sep 2005 | PIRMX vs FSRRX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PONAX, PTTRX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Total Bond Market | 45 | 1.00% | — | Mar 2007 | PIRMX vs PIMIX | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PIRMX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Total Bond Market | 30 | 0.64% | — | — | PIRMX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 3 | -4.37% | — | Dec 2001 | PIRMX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PIRMX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 47 | 10.35% | — | Aug 2007 | PIRMX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -4.15% | — | Oct 2004 | PIRMX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 9 | 0.12% | — | Dec 1992 | PIRMX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 25 | 9.70% | — | Oct 2003 | PIRMX vs PISIX | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 75 | 26.86% | — | Jun 2002 | PIRMX vs PCRIX |
Often Compared With PIRMX
Investors most often compare PIRMX with BMAR, RAAX, INCM. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare PIRMX with Any Fund or Stock
Compare PIRMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PIRMX with funds that move differently
PIMCO Inflation Response Multi-Asset Fund Institutional alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PIRMX.
Explore PIRMX Diversifiers