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Looking to diversify beyond RINYX? The mutual funds below have historically moved differently from RINYX, 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 RINYX

0 mutual funds have low correlation with RINYX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investments Tax-Exempt High Yield Bond Fund (RTHAX) (High Yield Muni) with a 1Y correlation of 0.33, up from 0.19 over 5 years.

How candidates are selected

Diversification Analysis

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