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PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks total return which exceeds that of the Morgan Stanley Capital International Europe, Australasia and Far East ("EAFE") Index consistent with prudent investment management. The fund seeks to exceed the total return of the Morgan Stanley Capital International Europe, Australasia and Far East ("EAFE") Index, hedged to U.S. dollars, by investing under normal circumstances in non-U.S. equity derivatives, backed by a portfolio of fixed income instruments. "Fixed income instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities.

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

15 mutual funds have low correlation with PISIX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Short Asset Investment Fund (PAIPX) (Ultrashort Bond) with a 1Y correlation of 0.05, roughly unchanged from 0.02 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PAIPX
PIMCO Short Asset Investment Fund0.050.060.02
100
Ultrashort BondPISIX vs PAIPX
PTSHX
PIMCO Short Term Fund0.190.080.04
99
Ultrashort BondPISIX vs PTSHX
PCDIX
PIMCO California Short Duration Municipal Income F...0.190.210.17
90
Municipal BondsPISIX vs PCDIX
PSDIX
PIMCO Short Duration Municipal Income Fund0.210.170.14
92
Municipal BondsPISIX vs PSDIX
PMNPX
PIMCO National Intermediate Municipal Bond Fund0.230.220.19
70
Municipal BondsPISIX vs PMNPX
See all 78 diversifiers for PISIX

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Diversification Analysis

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