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 American Funds The Income Fund of America Class A (AMECX) (Diversified Portfolio) with a 1Y correlation of 0.68, down from 0.83 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds The Income Fund of America Class A | 0.68 | 0.78 | 0.83 | 57 | Diversified Portfolio, Dividend | RAQTX vs AMECX | |
| Dimensional Retirement Income Fund | 0.77 | 0.76 | 0.74 | 83 | Target Retirement Date | RAQTX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.78 | 0.72 | 0.74 | 84 | Target Retirement Date | RAQTX vs FRQHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.78 | 0.71 | 0.70 | 70 | Target Retirement Date | RAQTX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.78 | 0.72 | 0.74 | 67 | Target Retirement Date | RAQTX vs FRQAX |
See all 44 diversifiers for RAQTX
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