Looking to diversify beyond RFETX? The mutual funds below have the lowest correlation with RFETX — 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 RFETX.
Best Diversifiers for RFETX
0 mutual funds have low correlation with RFETX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.78, roughly unchanged from 0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.78 | 0.84 | 0.82 | 81 | Target Retirement Date | RFETX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.91 | 0.94 | 81 | Target Retirement Date | RFETX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.86 | 0.90 | 0.94 | 81 | Target Retirement Date | RFETX vs DTDRX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.86 | 0.92 | 0.95 | 80 | Target Retirement Date | RFETX vs DRIKX | |
| Prudential Day One Income Fund | 0.87 | 0.89 | 0.89 | 83 | Target Retirement Date | RFETX vs PDAHX |
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