Looking to diversify beyond RFBSX? The mutual funds below have the lowest correlation with RFBSX — 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 RFBSX.
Best Diversifiers for RFBSX
7 mutual funds have low correlation with RFBSX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.05, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.05 | 0.04 | 0.40 | 68 | Short-Term Bond | RFBSX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.10 | 0.07 | 0.19 | 79 | Short-Term Bond | RFBSX vs LCCMX | |
| GuidePath Absolute Return Allocation Fund | 0.27 | 0.62 | 0.67 | 57 | Short-Term Bond | RFBSX vs GPARX | |
| Russell Investments Multifactor U.S. Equity Fund | 0.27 | 0.16 | 0.15 | 66 | Large Cap Blend Equities | RFBSX vs RTDYX | |
| Russell Investments U.S. Small Cap Equity Fund | 0.29 | 0.21 | 0.16 | 71 | Small Cap Blend Equities | RFBSX vs REBYX |
See all 24 diversifiers for RFBSX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RFBSX
Add RFBSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RFBSX