Looking to diversify beyond RPIFX? The mutual funds below have the lowest correlation with RPIFX — 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 RPIFX.
Best Diversifiers for RPIFX
16 mutual funds have low correlation with RPIFX (below 0.3), 2 of which are negatively correlated. The least correlated is Federated Hermes Project and Trade Finance Tender Fund (XPTFX) (Bank Loan) with a 1Y correlation of -0.10, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | -0.10 | 0.02 | 0.09 | 91 | Bank Loan | RPIFX vs XPTFX | |
| PIMCO Low Duration Fund | -0.00 | 0.14 | 0.16 | 58 | Short-Term Bond | RPIFX vs PTLDX | |
| Doubleline Selective Credit Fund | 0.01 | 0.15 | 0.13 | 96 | Multisector Bonds | RPIFX vs DBSCX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 0.11 | — | — | 98 | Bank Loan | RPIFX vs CAPIX | |
| Colorado Bond Shares A Tax Exempt Fund | 0.12 | 0.15 | 0.19 | 98 | Municipal Bonds | RPIFX vs HICOX |
See all 58 diversifiers for RPIFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RPIFX
Add RPIFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RPIFX