Looking to diversify beyond RAGHX? The mutual funds below have the lowest correlation with RAGHX — 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 RAGHX.
Best Diversifiers for RAGHX
4 mutual funds have low correlation with RAGHX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus NFJ Emerging Markets Value Fund (AZMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.18, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus NFJ Emerging Markets Value Fund | 0.18 | 0.26 | 0.37 | 73 | Emerging Markets Diversified | RAGHX vs AZMIX | |
| Virtus Emerging Markets Opportunities Fund | 0.20 | 0.27 | 0.36 | 93 | Emerging Markets Diversified | RAGHX vs AOTIX | |
| Virtus Technology Fund | 0.21 | 0.35 | 0.51 | 51 | Technology Equities | RAGHX vs DRGTX | |
| Virtus Convertible Fund | 0.29 | 0.47 | 0.59 | 92 | Convertible Bonds | RAGHX vs ANNPX | |
| Virtus NFJ International Value Fund | 0.34 | 0.40 | 0.49 | 73 | Foreign Large Cap Equities | RAGHX vs ANJIX |
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