Looking to diversify beyond RMDFX? The mutual funds below have the lowest correlation with RMDFX — 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 RMDFX.
Best Diversifiers for RMDFX
18 mutual funds have low correlation with RMDFX (below 0.3), 4 of which are negatively correlated. The least correlated is Stone Ridge Diversified Alternatives Fund (SRDAX) (Multistrategy) with a 1Y correlation of -0.33, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Stone Ridge Diversified Alternatives Fund | -0.33 | -0.20 | -0.14 | 87 | Multistrategy | RMDFX vs SRDAX | |
| AQR Style Premia Alternative R6 | -0.22 | -0.08 | -0.07 | 53 | Multistrategy | RMDFX vs QSPRX | |
| AQR Style Premia Alternative Fund | -0.21 | -0.08 | -0.07 | 52 | Multistrategy | RMDFX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.20 | -0.09 | -0.07 | 52 | Multistrategy | RMDFX vs QSPNX | |
| Symmetry Panoramic Alternatives Fund | 0.02 | 0.00 | -0.01 | 98 | Multistrategy | RMDFX vs SPATX |
See all 41 diversifiers for RMDFX
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