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PIMCO StocksPLUS Short Fund (PSTIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The investment seeks total return through the implementation of short investment positions on the S&P 500 Index. The fund seeks to achieve its investment objective by investing primarily in short positions with respect to the S&P 500 Index (the "index") or specific index securities, 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 PSTIX? The mutual funds below have the lowest correlation with PSTIX — 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 PSTIX.

Best Diversifiers for PSTIX

4 mutual funds have low correlation with PSTIX (below 0.3), 4 of which are negatively correlated. The least correlated is ProFunds Technology UltraSector Fund (TEPIX) (Leveraged Equities) with a 1Y correlation of -0.86, roughly unchanged from -0.89 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TEPIX
ProFunds Technology UltraSector Fund-0.86-0.87-0.89
57
Leveraged EquitiesPSTIX vs TEPIX
PMJIX
PIMCO RAE US Small Fund-0.66-0.70-0.73
68
Small Cap Value EquitiesPSTIX vs PMJIX
DRCVX
Comstock Capital Value Fund-0.43-0.53-0.55
96
Inverse EquitiesPSTIX vs DRCVX
PHPIX
ProFunds Pharmaceuticals UltraSector Fund-0.41-0.51-0.56
92
Leveraged EquitiesPSTIX vs PHPIX

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Diversification Analysis

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