Looking to diversify beyond RMEAX? The mutual funds below have the lowest correlation with RMEAX — 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 RMEAX.
Best Diversifiers for RMEAX
1 mutual funds have low correlation with RMEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.28, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.28 | 0.41 | 0.54 | 75 | Global Equities | RMEAX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.34 | 0.47 | 0.60 | 68 | Global Equities | RMEAX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.50 | 0.62 | 0.70 | 85 | Global Equities | RMEAX vs RTXAX | |
| Polaris Global Value Fund | 0.53 | 0.65 | 0.71 | 91 | Global Equities | RMEAX vs PGVFX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.58 | 0.68 | 0.75 | 69 | Global Equities | RMEAX vs VMVFX |
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