Looking to diversify beyond RFGTX? The mutual funds below have the lowest correlation with RFGTX — 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 RFGTX.
Best Diversifiers for RFGTX
0 mutual funds have low correlation with RFGTX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds The Income Fund of America Class A (AMECX) (Diversified Portfolio) with a 1Y correlation of 0.72, down from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds The Income Fund of America Class A | 0.72 | 0.81 | 0.85 | 57 | Diversified Portfolio, Dividend | RFGTX vs AMECX | |
| Dimensional Retirement Income Fund | 0.79 | 0.78 | 0.75 | 83 | Target Retirement Date | RFGTX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.80 | 0.75 | 0.75 | 84 | Target Retirement Date | RFGTX vs FRQHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.80 | 0.74 | 0.72 | 70 | Target Retirement Date | RFGTX vs FRIMX | |
| Fidelity Managed Retirement 2010 Fund | 0.80 | 0.75 | 0.75 | 82 | Target Retirement Date | RFGTX vs FIRQX |
See all 69 diversifiers for RFGTX
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