Looking to diversify beyond RNPEX? The mutual funds below have the lowest correlation with RNPEX — 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 RNPEX.
Best Diversifiers for RNPEX
1 mutual funds have low correlation with RNPEX (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 0.26, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.26 | 0.37 | 0.52 | 62 | Global Equities | RNPEX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.49 | 0.60 | 0.69 | 82 | Global Equities | RNPEX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.57 | 0.54 | 0.64 | 87 | Global Equities | RNPEX vs FMIEX | |
| Polaris Global Value Fund | 0.59 | 0.67 | 0.73 | 92 | Global Equities | RNPEX vs PGVFX | |
| LSV Global Managed Volatility Fund | 0.62 | 0.63 | 0.70 | 85 | Global Equities | RNPEX vs LVAFX |
See all 31 diversifiers for RNPEX
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