Looking to diversify beyond RAQTX? The mutual funds below have the lowest correlation with RAQTX — 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 RAQTX.
Best Diversifiers for RAQTX
0 mutual funds have low correlation with RAQTX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.76, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.76 | 0.76 | 0.74 | 77 | Target Retirement Date | RAQTX vs TDIFX | |
| Prudential Day One Income Fund | 0.79 | 0.79 | 0.81 | 79 | Target Retirement Date | RAQTX vs PDAHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.73 | 0.74 | 65 | Target Retirement Date | RAQTX vs FRQIX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.81 | 0.73 | 0.74 | 70 | Target Retirement Date | RAQTX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.81 | 0.73 | 0.74 | 69 | Target Retirement Date | RAQTX vs FRQKX |
See all 43 diversifiers for RAQTX
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