Looking to diversify beyond RMBHX? The mutual funds below have the lowest correlation with RMBHX — 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 RMBHX.
Best Diversifiers for RMBHX
1 mutual funds have low correlation with RMBHX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.29, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.29 | 0.69 | 0.79 | 98 | Large Cap Growth Equities | RMBHX vs EFCNX | |
| One Rock Fund | 0.62 | 0.68 | 0.74 | 87 | Large Cap Growth Equities | RMBHX vs ONERX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.70 | 0.67 | 0.73 | 55 | Large Cap Growth Equities, Foreign Large Cap Equities | RMBHX vs VTMGX | |
| ICON Equity Fund | 0.70 | 0.69 | 0.76 | 70 | Large Cap Growth Equities | RMBHX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.71 | 0.79 | 0.87 | 77 | Large Cap Growth Equities | RMBHX vs ADX |
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