Looking to diversify beyond RNGCX? The mutual funds below have the lowest correlation with RNGCX — 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 RNGCX.
Best Diversifiers for RNGCX
1 mutual funds have low correlation with RNGCX (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 0.05, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.05 | 0.23 | 0.41 | 75 | Global Equities | RNGCX vs CSUAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.33 | 0.37 | 0.51 | 91 | Global Equities | RNGCX vs FMIEX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.33 | 0.48 | 0.59 | 86 | Global Equities | RNGCX vs RTXAX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.34 | 0.51 | 0.63 | 67 | Global Equities | RNGCX vs VMNVX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.34 | 0.51 | 0.63 | 66 | Global Equities | RNGCX vs VMVFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RNGCX
Add RNGCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RNGCX