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Red Oak Technology Select Fund (ROGSX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund will invest at least 80% of its net assets, under normal circumstances, in equity securities of companies operating in the technology sector, as determined by the Adviser. It invests primarily in common stocks of U.S. companies, but may, to a lesser extent, invest in equity REITs, common stocks of foreign companies and American Depositary Receipts ("ADRs") that meet the investment criteria of the fund.

Looking to diversify beyond ROGSX? The mutual funds below have the lowest correlation with ROGSX — 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 ROGSX.

Best Diversifiers for ROGSX

0 mutual funds have low correlation with ROGSX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.44, down from 0.57 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ARKVX
ARK Venture Fund0.440.530.57
98
Technology EquitiesROGSX vs ARKVX
RCKSX
Rock Oak Core Growth Fund0.480.570.69
57
Large Cap Blend EquitiesROGSX vs RCKSX
GTTIX
Gabelli Global Content & Connectivity Fund Class I0.530.580.69
82
Technology EquitiesROGSX vs GTTIX
VGPMX
Vanguard Global Capital Cycles Fund0.560.550.57
94
Global EquitiesROGSX vs VGPMX
RIVSX
River Oak Discovery Fund0.650.670.74
87
Small Cap Blend EquitiesROGSX vs RIVSX
See all 27 diversifiers for ROGSX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ROGSX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ROGSX and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of 0.66, roughly unchanged from 0.70 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
TSM
Taiwan Semiconductor Manufacturing Company Limited0.660.690.70
95
Technology

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