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 Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.78, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 77 | Target Retirement Date | RFGTX vs TDIFX | |
| Prudential Day One Income Fund | 0.80 | 0.81 | 0.83 | 79 | Target Retirement Date | RFGTX vs PDAHX | |
| MFS Lifetime 2025 Fund | 0.82 | 0.83 | 0.87 | 61 | Target Retirement Date | RFGTX vs LTTIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.82 | 0.75 | 0.75 | 65 | Target Retirement Date | RFGTX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.82 | 0.74 | 0.72 | 65 | Target Retirement Date | RFGTX vs FRIMX |
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