Looking to diversify beyond RPGAX? The mutual funds below have historically moved differently from RPGAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RPGAX
3 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 0.23, up from -0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.23 | 0.10 | -0.05 | 79 | Global Allocation | RPGAX vs LFMIX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 0.25 | 0.11 | 0.13 | 98 | Ultrashort Bond | RPGAX vs TRBUX | |
| Wilmington Real Asset Fund | 0.30 | 0.53 | 0.59 | 90 | Global Allocation | RPGAX vs WMRIX | |
| MH Elite Select Portfolio of Funds Fund | 0.33 | 0.40 | 0.65 | 68 | Global Allocation | RPGAX vs MHESX | |
| Hartford Real Asset Fund | 0.38 | 0.57 | 0.65 | 97 | Global Allocation | RPGAX vs HRLYX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RPGAX
Add RPGAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RPGAX