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
5 mutual funds have low correlation with PSTIX (below 0.3), 4 of which are negatively correlated. The least correlated is Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) (Leveraged Equities) with a 1Y correlation of -0.94, roughly unchanged from -0.93 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Monthly NASDAQ-100 Bull 1.75X Fund | -0.94 | -0.92 | -0.93 | 67 | Leveraged Equities | PSTIX vs DXQLX | |
| ProFunds Technology UltraSector Fund | -0.87 | -0.87 | -0.89 | 85 | Leveraged Equities | PSTIX vs TEPIX | |
| PIMCO RAE US Small Fund | -0.68 | -0.69 | -0.73 | 67 | Small Cap Value Equities | PSTIX vs PMJIX | |
| Comstock Capital Value Fund | -0.47 | -0.53 | -0.55 | 97 | Inverse Equities | PSTIX vs DRCVX | |
| PIMCO Commodity Real Return Strategy Fund | 0.00 | -0.10 | -0.17 | 75 | Commodities | PSTIX vs PCRIX |
Diversification Analysis
Build a portfolio that complements PSTIX
Add PSTIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSTIX