Looking to diversify beyond RFHTX? The mutual funds below have the lowest correlation with RFHTX — 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 RFHTX.
Best Diversifiers for RFHTX
0 mutual funds have low correlation with RFHTX (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 0.72, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.72 | 0.76 | 0.74 | 81 | Target Retirement Date | RFHTX vs TDIFX | |
| Prudential Day One Income Fund | 0.79 | 0.80 | 0.82 | 83 | Target Retirement Date | RFHTX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.80 | 0.73 | 0.71 | 69 | Target Retirement Date | RFHTX vs FRIMX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.80 | 0.72 | 0.70 | 74 | Target Retirement Date | RFHTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.81 | 0.74 | 0.75 | 73 | Target Retirement Date | RFHTX vs FRQHX |
See all 52 diversifiers for RFHTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RFHTX
Add RFHTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RFHTX