Looking to diversify beyond RPGAX? The mutual funds below have the lowest correlation with RPGAX — 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 RPGAX.
Best Diversifiers for RPGAX
1 mutual funds have low correlation with RPGAX (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.25, up from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.25 | 0.09 | -0.04 | 86 | Global Allocation | RPGAX vs LFMIX | |
| Wilmington Real Asset Fund | 0.34 | 0.54 | 0.60 | 77 | Global Allocation | RPGAX vs WMRIX | |
| T. Rowe Price Floating Rate Fund | 0.34 | 0.34 | 0.34 | 91 | High Yield Bonds | RPGAX vs PRFRX | |
| MH Elite Select Portfolio of Funds Fund | 0.38 | 0.42 | 0.66 | 52 | Global Allocation | RPGAX vs MHESX | |
| Hartford Real Asset Fund | 0.42 | 0.59 | 0.66 | 90 | Global Allocation | RPGAX vs HRLYX |
See all 46 diversifiers for RPGAX
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