Looking to diversify beyond RPELX? The mutual funds below have the lowest correlation with RPELX — 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 RPELX.
Best Diversifiers for RPELX
17 mutual funds have low correlation with RPELX (below 0.3), 9 of which are negatively correlated. The least correlated is PIMCO Strategic Bond Fund (PUTIX) (Nontraditional Bonds) with a 1Y correlation of -0.09, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Strategic Bond Fund | -0.09 | 0.11 | 0.09 | 92 | Nontraditional Bonds | RPELX vs PUTIX | |
| T. Rowe Price Science And Technology Fund | -0.06 | 0.07 | 0.02 | 91 | Technology Equities | RPELX vs PRSCX | |
| T. Rowe Price U.S. Equity Research Fund | -0.05 | 0.07 | 0.01 | 69 | Large Cap Blend Equities | RPELX vs PRCOX | |
| PGIM Securitized Credit Fund | -0.03 | 0.14 | 0.14 | 99 | Nontraditional Bonds | RPELX vs SCFZX | |
| BlackRock Global Long/Short Credit Fund | -0.03 | 0.10 | 0.10 | 95 | Nontraditional Bonds | RPELX vs BGCIX |
See all 17 diversifiers for RPELX
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