Looking to diversify beyond PQTIX? The mutual funds below have the lowest correlation with PQTIX — 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 PQTIX.
Best Diversifiers for PQTIX
1 mutual funds have low correlation with PQTIX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE US Small Fund (PMJIX) (Small Cap Value Equities) with a 1Y correlation of 0.22, up from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE US Small Fund | 0.22 | 0.10 | 0.03 | 67 | Small Cap Value Equities | PQTIX vs PMJIX | |
| PIMCO Commodity Real Return Strategy Fund | 0.44 | 0.09 | 0.07 | 75 | Commodities | PQTIX vs PCRIX | |
| AQR Managed Futures Strategy Fund | 0.58 | 0.62 | 0.62 | 89 | Systematic Trend | PQTIX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 0.59 | 0.63 | 0.62 | 89 | Systematic Trend | PQTIX vs AQMNX | |
| AQR Managed Futures Strategy HV Fund | 0.59 | 0.63 | 0.62 | 82 | Systematic Trend | PQTIX vs QMHIX |
See all 18 diversifiers for PQTIX
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Diversification Analysis
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