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Principal International Small Company Fund (PISMX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with small market capitalizations at the time of purchase. It invests primarily in foreign equity securities. The fund typically invests in foreign securities of more than 10 countries but has no limitation on the percentage of assets that is invested in each country or denominated in any currency.

Looking to diversify beyond PISMX? The mutual funds below have the lowest correlation with PISMX — 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 PISMX.

Best Diversifiers for PISMX

0 mutual funds have low correlation with PISMX (below 0.3), 0 of which are negatively correlated. The least correlated is Principal SmallCap S&P 600 Index Fund (PSSMX) (Small Cap Blend Equities) with a 1Y correlation of 0.61, roughly unchanged from 0.70 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PSSMX
Principal SmallCap S&P 600 Index Fund0.610.660.70
56
Small Cap Blend EquitiesPISMX vs PSSMX
PQIAX
Principal Equity Income Fund0.620.660.74
61
Large Cap Value EquitiesPISMX vs PQIAX
KGGIX
Kopernik Global All-Cap Fund0.680.590.65
80
Foreign Small & Mid Cap EquitiesPISMX vs KGGIX
KGGAX
Kopernik Global All-Cap Fund Class A0.680.590.65
80
Foreign Small & Mid Cap EquitiesPISMX vs KGGAX
CMNWX
Principal Capital Appreciation Fund0.690.680.73
55
Large Cap Blend EquitiesPISMX vs CMNWX
See all 16 diversifiers for PISMX

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