Looking to diversify beyond RFI? The mutual funds below have the lowest correlation with RFI — 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 RFI.
Best Diversifiers for RFI
6 mutual funds have low correlation with RFI (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.21 | — | — | 98 | REIT | RFI vs QREARX | |
| Redwood Real Estate Income Fund | 0.01 | — | — | 100 | REIT | RFI vs CREMX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 0.06 | 0.28 | 0.34 | 95 | Energy Equities | RFI vs MLOZX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.08 | 0.24 | 0.34 | 95 | Technology Equities | RFI vs STK | |
| Virtus Equity & Convertible Income Fund | 0.25 | 0.39 | 0.43 | 74 | Derivative Income | RFI vs NIE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RFI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RFI and solid risk/return profiles. The least correlated is BlackRock Science and Technology Trust II (BSTZ) (Financial Services) with a 1Y correlation of 0.05, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Science and Technology Trust II | 0.05 | 0.26 | 0.35 | 96 | Financial Services | |
| BlackRock Science and Technology Trust | 0.14 | 0.24 | 0.33 | 89 | Financial Services | |
| Cohen & Steers Quality Income Realty Fund | 0.78 | 0.78 | 0.75 | 59 | Financial Services |
Build a portfolio that complements RFI
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