PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks positive, risk-adjusted returns, consistent with prudent investment management. The fund seeks to achieve its investment objective by pursuing a quantitative trading strategy intended to capture the persistence of price trends (up and/or down) observed in global financial markets and commodities. It will invest under normal circumstances in derivative instruments linked to interest rates, currencies, mortgages, credit, commodities (including individual commodities and commodity indices), equity indices and volatility-related instruments.

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

Best Diversifiers for PQTPX

3 mutual funds have low correlation with PQTPX (below 0.3), 0 of which are negatively correlated. The least correlated is The Arbitrage Fund (ARBFX) (Event Driven) with a 1Y correlation of 0.09, up from -0.09 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ARBFX
The Arbitrage Fund0.09-0.02-0.09
97
Event DrivenPQTPX vs ARBFX
QLEIX
AQR Long-Short Equity Fund0.230.080.08
53
Long-ShortPQTPX vs QLEIX
PMJIX
PIMCO RAE US Small Fund0.250.100.02
72
Small Cap Value EquitiesPQTPX vs PMJIX
RYMTX
Guggenheim Managed Futures Strategy Fund0.560.510.53
53
Systematic TrendPQTPX vs RYMTX
AQMNX
AQR Managed Futures Strategy Fund Class N0.580.630.62
89
Systematic TrendPQTPX vs AQMNX
See all 23 diversifiers for PQTPX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements PQTPX

Add PQTPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with PQTPX