Looking to diversify beyond RFITX? The mutual funds below have the lowest correlation with RFITX — 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 RFITX.
Best Diversifiers for RFITX
0 mutual funds have low correlation with RFITX (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 0.77, 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 | 0.77 | 0.76 | 0.74 | 77 | Target Retirement Date | RFITX vs TDIFX | |
| Prudential Day One Income Fund | 0.79 | 0.80 | 0.82 | 79 | Target Retirement Date | RFITX vs PDAHX | |
| MFS Lifetime 2025 Fund | 0.81 | 0.81 | 0.86 | 61 | Target Retirement Date | RFITX vs LTTIX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.81 | 0.74 | 0.74 | 70 | Target Retirement Date | RFITX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.74 | 0.74 | 65 | Target Retirement Date | RFITX vs FRQIX |
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