Looking to diversify beyond RFXIX? The mutual funds below have the lowest correlation with RFXIX — 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 RFXIX.
Best Diversifiers for RFXIX
7 mutual funds have low correlation with RFXIX (below 0.3), 2 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of -0.04, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | -0.04 | 0.07 | 0.07 | 99 | Multisector Bonds | RFXIX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | -0.02 | 0.06 | 0.06 | 99 | Multisector Bonds | RFXIX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 0.12 | 0.18 | 0.15 | 97 | Multisector Bonds | RFXIX vs CBLDX | |
| Rational/ReSolve Adaptive Asset Allocation Fund | 0.16 | 0.05 | 0.05 | 76 | Macro Trading | RFXIX vs RDMIX | |
| Rational Tactical Return Fund | 0.21 | 0.04 | 0.06 | 67 | Options Trading | RFXIX vs HRSTX |
See all 45 diversifiers for RFXIX
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