Looking to diversify beyond RLEMX? The mutual funds below have the lowest correlation with RLEMX — 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 RLEMX.
Best Diversifiers for RLEMX
0 mutual funds have low correlation with RLEMX (below 0.3), 0 of which are negatively correlated. The least correlated is Lazard Real Assets Portfolio (RALIX) (Global Allocation) with a 1Y correlation of 0.34, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lazard Real Assets Portfolio | 0.34 | 0.48 | 0.52 | 87 | Global Allocation | RLEMX vs RALIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.44 | 0.63 | 0.69 | 87 | Emerging Markets Equities | RLEMX vs ESCIX | |
| Nomura Emerging Markets Fund Class A | 0.73 | 0.76 | 0.80 | 94 | Emerging Markets Equities | RLEMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 0.73 | 0.76 | 0.80 | 94 | Emerging Markets Equities | RLEMX vs DEMCX | |
| Delaware Emerging Markets Fund | 0.73 | 0.76 | 0.80 | 94 | Emerging Markets Equities | RLEMX vs DEMIX |
See all 14 diversifiers for RLEMX
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