PIMCO Inflation Response Multi-Asset Fund (PZRMX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PZRMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PZRMX
PZRMX charges 1.18% annually. There are 463 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | PZRMX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | PZRMX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | PZRMX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | PZRMX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | PZRMX vs FYMIX |
Best Risk-Adjusted Alternatives to PZRMX
PZRMX has a PortfoliosLab risk / return rank of 88. There are 40 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | PZRMX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | PZRMX vs TIBIX | |
| Davis Appreciation & Income Fund | 96 | — | Apr 1992 | PZRMX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | PZRMX vs NWQIX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | PZRMX vs FSRRX |
Top Performing PZRMX Alternatives (YTD)
PZRMX is at 5.83% YTD. There are 311 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.72% | — | Jan 1998 | PZRMX vs EKBAX | |
| Thornburg Investment Income Builder Fund Class I | 19.05% | — | Dec 2002 | PZRMX vs TIBIX | |
| ICON Equity Income Fund | 18.94% | — | May 2004 | PZRMX vs IOEZX | |
| Greenspring Fund | 17.70% | — | Jun 1983 | PZRMX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 17.05% | — | Aug 1998 | PZRMX vs MHELX |
Lowest Volatility Alternatives to PZRMX
PZRMX has 6.00% 1-year volatility. There are 92 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | PZRMX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | PZRMX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | PZRMX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | PZRMX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | PZRMX vs CSTAX |
Lowest Drawdown Alternatives to PZRMX
PZRMX has a 1-year max drawdown of -3.82%. There are 39 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | PZRMX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | PZRMX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | PZRMX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | PZRMX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | PZRMX vs CSTAX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PONAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 33 | -0.05% | — | Mar 2007 | PZRMX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -2.49% | — | Dec 2002 | PZRMX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 30 | -0.25% | — | Apr 2007 | PZRMX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 20 | -0.80% | — | May 1987 | PZRMX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 8 | -2.18% | — | Dec 2001 | PZRMX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 32 | -0.10% | — | Apr 2008 | PZRMX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 25 | 4.49% | — | Aug 2007 | PZRMX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 13 | 1.44% | — | Oct 2004 | PZRMX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 8 | -0.68% | — | Dec 1992 | PZRMX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 44 | 13.06% | — | Oct 2003 | PZRMX vs PISIX |
Often Compared With PZRMX
Investors most often compare PZRMX with FPACX, MKAM, USAF. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare PZRMX with Any Fund or Stock
Compare PZRMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PZRMX with funds that move differently
PIMCO Inflation Response Multi-Asset Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PZRMX.
Explore PZRMX Diversifiers