Looking to diversify beyond RIVRX? The mutual funds below have historically moved differently from RIVRX, 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 RIVRX
0 mutual funds have low correlation with RIVRX (below 0.3), 0 of which are negatively correlated. The least correlated is American Growth Fund Series One (AMRGX) (Large Cap Growth Equities) with a 1Y correlation of 0.44, down from 0.78 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Growth Fund Series One | 0.44 | 0.70 | 0.78 | 56 | Large Cap Growth Equities | RIVRX vs AMRGX | |
| ICON Equity Fund | 0.50 | 0.62 | 0.70 | 80 | Large Cap Growth Equities | RIVRX vs IOLZX | |
| Chase Growth Fund | 0.54 | 0.75 | 0.79 | 82 | Large Cap Growth Equities | RIVRX vs CHASX | |
| Vanguard PRIMECAP Fund Investor Shares | 0.55 | 0.74 | 0.81 | 90 | Large Cap Growth Equities | RIVRX vs VPMCX | |
| Chase Growth Fund Institutional Class | 0.55 | 0.76 | 0.79 | 80 | Large Cap Growth Equities | RIVRX vs CHAIX |
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