Looking to diversify beyond RCPIX? The mutual funds below have the lowest correlation with RCPIX — 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 RCPIX.
Best Diversifiers for RCPIX
1 mutual funds have low correlation with RCPIX (below 0.3), 0 of which are negatively correlated. The least correlated is RBC Emerging Markets Equity Fund (REEIX) (Emerging Markets Diversified) with a 1Y correlation of 0.29, roughly unchanged from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| RBC Emerging Markets Equity Fund | 0.29 | 0.20 | — | 79 | Emerging Markets Diversified | RCPIX vs REEIX | |
| RBC Select Balanced Portfolio A | 0.32 | 0.24 | — | 80 | Global Allocation | RCPIX vs 0P0000706A.TO | |
| RBC Ultra-Short Fixed Income Fund | 0.35 | 0.39 | — | 96 | Ultrashort Bond | RCPIX vs RUSIX | |
| Holbrook Income Fund Class I | 0.37 | 0.35 | — | 98 | Intermediate Core-Plus Bond | RCPIX vs HOBIX | |
| RBC Select Growth Portfolio A | 0.38 | 0.29 | — | 84 | Global Equities | RCPIX vs 0P00007069.TO |
See all 13 diversifiers for RCPIX
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