Looking to diversify beyond RPIDX? The mutual funds below have the lowest correlation with RPIDX — 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 RPIDX.
Best Diversifiers for RPIDX
54 mutual funds have low correlation with RPIDX (below 0.3), 30 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of -0.14, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | -0.14 | 0.06 | 0.01 | 87 | Technology Equities | RPIDX vs PRSCX | |
| T. Rowe Price Global Stock Fund | -0.14 | 0.06 | 0.00 | 70 | Global Equities | RPIDX vs PRGSX | |
| Fidelity OTC Portfolio | -0.13 | 0.06 | 0.00 | 92 | Large Cap Growth Equities | RPIDX vs FOCPX | |
| T. Rowe Price U.S. Equity Research Fund | -0.12 | 0.07 | 0.00 | 64 | Large Cap Blend Equities | RPIDX vs PRCOX | |
| T. Rowe Price Global Allocation Fund | -0.12 | 0.05 | 0.01 | 62 | Global Allocation | RPIDX vs RPGAX |
See all 54 diversifiers for RPIDX
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