Looking to diversify beyond RFKTX? The mutual funds below have the lowest correlation with RFKTX — 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 RFKTX.
Best Diversifiers for RFKTX
0 mutual funds have low correlation with RFKTX (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 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.72 | 0.75 | 0.73 | 83 | Target Retirement Date | RFKTX vs TDIFX | |
| American Funds The Income Fund of America Class A | 0.74 | 0.81 | 0.84 | 53 | Diversified Portfolio, Dividend | RFKTX vs AMECX | |
| Prudential Day One Income Fund | 0.78 | 0.79 | 0.81 | 85 | Target Retirement Date | RFKTX vs PDAHX | |
| Fidelity Freedom Index Income Fund Investor Class | 0.80 | 0.71 | 0.69 | 77 | Target Retirement Date | RFKTX vs FIKFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.73 | 0.74 | 72 | Target Retirement Date | RFKTX vs FRQIX |
See all 47 diversifiers for RFKTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RFKTX
Add RFKTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RFKTX