Looking to diversify beyond REEIX? The mutual funds below have the lowest correlation with REEIX — 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 REEIX.
Best Diversifiers for REEIX
1 mutual funds have low correlation with REEIX (below 0.3), 0 of which are negatively correlated. The least correlated is RBC Ultra-Short Fixed Income Fund (RUSIX) (Ultrashort Bond) with a 1Y correlation of 0.01, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| RBC Ultra-Short Fixed Income Fund | 0.01 | 0.08 | 0.08 | 95 | Ultrashort Bond | REEIX vs RUSIX | |
| RBC BlueBay Emerging Market Debt Fund | 0.43 | 0.38 | 0.40 | 91 | Emerging Markets Bonds | REEIX vs RBESX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.49 | 0.62 | 0.68 | 86 | Emerging Markets Diversified | REEIX vs ESCIX | |
| RBC BlueBay High Yield Bond Fund | 0.50 | 0.46 | 0.48 | 79 | High Yield Bonds | REEIX vs RGHYX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.65 | 0.74 | 0.78 | 94 | Emerging Markets Diversified | REEIX vs EMPTX |
See all 28 diversifiers for REEIX
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