Looking to diversify beyond PISIX? The mutual funds below have the lowest correlation with PISIX — 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 PISIX.
Best Diversifiers for PISIX
21 mutual funds have low correlation with PISIX (below 0.3), 6 of which are negatively correlated. The least correlated is PIMCO CommoditiesPLUS Strategy Fund (PCLAX) (Commodities) with a 1Y correlation of -0.20, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO CommoditiesPLUS Strategy Fund | -0.20 | 0.03 | 0.12 | 74 | Commodities | PISIX vs PCLAX | |
| PIMCO CommoditiesPLUS Strategy Fund | -0.20 | 0.02 | 0.12 | 75 | Commodities | PISIX vs PCLIX | |
| PIMCO CommoditiesPLUS Strategy I2 | -0.20 | 0.02 | 0.12 | 75 | Commodities | PISIX vs PCLPX | |
| PIMCO Commodity Real Return Strategy Fund | -0.08 | 0.08 | 0.15 | 75 | Commodities | PISIX vs PCRPX | |
| PIMCO Commodity Real Return Strategy Fund | -0.07 | 0.08 | 0.15 | 75 | Commodities | PISIX vs PCRIX |
See all 85 diversifiers for PISIX
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