Looking to diversify beyond RGCYX? The mutual funds below have the lowest correlation with RGCYX — 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 RGCYX.
Best Diversifiers for RGCYX
5 mutual funds have low correlation with RGCYX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of 0.15, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.15 | 0.32 | 0.25 | 99 | Multisector Bonds | RGCYX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.19 | 0.33 | 0.24 | 99 | Multisector Bonds | RGCYX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 0.25 | 0.27 | 0.30 | 97 | Multisector Bonds | RGCYX vs CBLDX | |
| CrossingBridge Responsible Credit Fund | 0.26 | 0.25 | — | 58 | Multisector Bonds | RGCYX vs CBRDX | |
| Potomac Managed Volatility Fund | 0.28 | 0.51 | 0.35 | 55 | Multisector Bonds | RGCYX vs CRMVX |
See all 21 diversifiers for RGCYX
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