Looking to diversify beyond RGCYX? The mutual funds below have historically moved differently from RGCYX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RGCYX
3 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 0.24, roughly unchanged from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.24 | 0.32 | 0.26 | 99 | Multisector Bonds | RGCYX vs NWXEX | |
| CrossingBridge Low Duration High Yield Fund | 0.27 | 0.28 | 0.31 | 96 | Multisector Bonds | RGCYX vs CBLDX | |
| Nationwide Amundi Strategic Income Fund | 0.30 | 0.33 | 0.25 | 99 | Multisector Bonds | RGCYX vs NWXHX | |
| Russell Investments Global Infrastructure Fund | 0.33 | 0.41 | 0.44 | 64 | Infrastructure Equities, Energy Equities | RGCYX vs RGIYX | |
| Russell Investments Equity Income Fund | 0.47 | 0.36 | 0.38 | 91 | Dividend, Large Cap Value Equities | RGCYX vs REAYX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RGCYX
Add RGCYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RGCYX