Looking to diversify beyond RPMGX? The mutual funds below have the lowest correlation with RPMGX — 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 RPMGX.
Best Diversifiers for RPMGX
0 mutual funds have low correlation with RPMGX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Spectrum Income Fund (RPSIX) (Multisector Bonds) with a 1Y correlation of 0.37, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Spectrum Income Fund | 0.37 | 0.40 | 0.47 | 88 | Multisector Bonds | RPMGX vs RPSIX | |
| T. Rowe Price Science And Technology Fund | 0.44 | 0.61 | 0.74 | 90 | Technology Equities | RPMGX vs PRSCX | |
| T. Rowe Price Global Technology Fund | 0.50 | 0.64 | 0.75 | 91 | Technology Equities | RPMGX vs PRGTX | |
| Fidelity Growth Company Fund | 0.54 | 0.66 | 0.79 | 78 | Large Cap Growth Equities | RPMGX vs FDGRX | |
| Essex Environmental Opportunities Fund | 0.61 | 0.73 | 0.79 | 72 | Mid Cap Growth Equities | RPMGX vs EEOFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RPMGX
Add RPMGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RPMGX