Looking to diversify beyond RCRYX? The mutual funds below have the lowest correlation with RCRYX — 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 RCRYX.
Best Diversifiers for RCRYX
43 mutual funds have low correlation with RCRYX (below 0.3), 0 of which are negatively correlated. The least correlated is RiverPark Short Term High Yield Fund (RPHIX) (High Yield Bonds) with a 1Y correlation of 0.02, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.02 | 0.13 | 0.23 | 99 | High Yield Bonds | RCRYX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.09 | 0.06 | 0.09 | 100 | High Yield Bonds | RCRYX vs CCLFX | |
| Pioneer ILS Interval Fund | 0.10 | 0.05 | 0.05 | 100 | High Yield Bonds | RCRYX vs XILSX | |
| Shenkman Capital Short Duration High Income Fund | 0.14 | 0.51 | 0.66 | 96 | High Yield Bonds | RCRYX vs SCFIX | |
| Pioneer Mid Cap Value Fund | 0.15 | 0.27 | 0.32 | 69 | Mid Cap Value Equities | RCRYX vs PCGRX |
See all 79 diversifiers for RCRYX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RCRYX
Add RCRYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RCRYX