Looking to diversify beyond RPGEX? The mutual funds below have the lowest correlation with RPGEX — 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 RPGEX.
Best Diversifiers for RPGEX
0 mutual funds have low correlation with RPGEX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.47, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.47 | 0.59 | 0.67 | 81 | Global Equities | RPGEX vs RTXAX | |
| Polaris Global Value Fund | 0.53 | 0.64 | 0.69 | 90 | Global Equities | RPGEX vs PGVFX | |
| T. Rowe Price Real Assets Fund | 0.54 | 0.63 | 0.69 | 57 | Global Equities | RPGEX vs PRAFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.54 | 0.51 | 0.60 | 89 | Global Equities | RPGEX vs FMIEX | |
| LSV Global Managed Volatility Fund | 0.57 | 0.60 | 0.66 | 89 | Global Equities | RPGEX vs LVAFX |
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