Looking to diversify beyond REMSX? The mutual funds below have the lowest correlation with REMSX — 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 REMSX.
Best Diversifiers for REMSX
1 mutual funds have low correlation with REMSX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investments Tax-Exempt Bond Fund (RLVSX) (Municipal Bonds) with a 1Y correlation of 0.23, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investments Tax-Exempt Bond Fund | 0.23 | 0.14 | 0.14 | 80 | Municipal Bonds | REMSX vs RLVSX | |
| Russell Investments Equity Income Fund | 0.43 | 0.48 | 0.55 | 75 | Large Cap Value Equities | REMSX vs REAYX | |
| Russell Investments U.S. Small Cap Equity Fund | 0.50 | 0.53 | 0.57 | 71 | Small Cap Blend Equities | REMSX vs REBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.51 | 0.68 | 0.74 | 87 | Emerging Markets Diversified | REMSX vs ESCIX | |
| Russell Investments Multi-Strategy Income Fund | 0.59 | 0.61 | 0.64 | 64 | Diversified Portfolio | REMSX vs RMYYX |
See all 30 diversifiers for REMSX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements REMSX
Add REMSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with REMSX