Looking to diversify beyond RIV? The mutual funds below have the lowest correlation with RIV — 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 RIV.
Best Diversifiers for RIV
5 mutual funds have low correlation with RIV (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.02, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.02 | 0.10 | 0.12 | 75 | Tactical Allocation | RIV vs PBAIX | |
| Quantified Evolution Plus Fund | 0.16 | 0.21 | 0.15 | 80 | Tactical Allocation | RIV vs QEVOX | |
| AQR Diversifying Strategies Fund Class N | 0.22 | 0.16 | 0.11 | 88 | Tactical Allocation | RIV vs QDSNX | |
| Hussman Strategic Total Return Fund | 0.25 | 0.25 | 0.20 | 89 | Tactical Allocation | RIV vs HSTRX | |
| Quantified STF Fund | 0.27 | 0.28 | 0.20 | 59 | Tactical Allocation | RIV vs QSTFX |
See all 22 diversifiers for RIV
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Diversification Analysis
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