Looking to diversify beyond RFBSX? The mutual funds below have historically moved differently from RFBSX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RFBSX
6 mutual funds have low correlation with RFBSX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.05, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.05 | 0.05 | 0.18 | 84 | Short-Term Bond | RFBSX vs LCCMX | |
| GuidePath Absolute Return Allocation Fund | 0.14 | 0.57 | 0.65 | 69 | Short-Term Bond | RFBSX vs GPARX | |
| DFA Two-Year Fixed Income Portfolio | 0.22 | 0.07 | 0.42 | 100 | Short-Term Bond | RFBSX vs DFCFX | |
| Russell Investments Global Infrastructure Fund | 0.22 | 0.30 | 0.28 | 64 | Infrastructure Equities, Energy Equities | RFBSX vs RGIYX | |
| Russell Investments Multifactor U.S. Equity Fund | 0.27 | 0.17 | 0.16 | 67 | Large Cap Blend Equities | RFBSX vs RTDYX |
To view more results, upgrade your current subscription plan.
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