Looking to diversify beyond RGOIX? The mutual funds below have the lowest correlation with RGOIX — 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 RGOIX.
Best Diversifiers for RGOIX
1 mutual funds have low correlation with RGOIX (below 0.3), 0 of which are negatively correlated. The least correlated is RBC Ultra-Short Fixed Income Fund (RUSIX) (Ultrashort Bond) with a 1Y correlation of 0.10, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| RBC Ultra-Short Fixed Income Fund | 0.10 | 0.18 | 0.11 | 96 | Ultrashort Bond | RGOIX vs RUSIX | |
| RBC BlueBay Emerging Market Debt Fund | 0.43 | 0.38 | 0.41 | 90 | Emerging Markets Bonds | RGOIX vs RBESX | |
| Polaris Global Value Fund | 0.49 | 0.61 | 0.71 | 90 | Global Equities | RGOIX vs PGVFX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.49 | 0.58 | 0.69 | 80 | Global Equities | RGOIX vs RTXAX | |
| T. Rowe Price Real Assets Fund | 0.52 | 0.61 | 0.71 | 56 | Global Equities | RGOIX vs PRAFX |
See all 31 diversifiers for RGOIX
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