Looking to diversify beyond RPMMX? The mutual funds below have the lowest correlation with RPMMX — 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 RPMMX.
Best Diversifiers for RPMMX
0 mutual funds have low correlation with RPMMX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Value Opportunities Fund Class Y (VVOIX) (Mid Cap Value Equities) with a 1Y correlation of 0.66, down from 0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Value Opportunities Fund Class Y | 0.66 | 0.75 | 0.82 | 81 | Mid Cap Value Equities | RPMMX vs VVOIX | |
| Invesco Value Opportunities Fund | 0.66 | 0.75 | 0.82 | 81 | Mid Cap Value Equities | RPMMX vs VVOAX | |
| Invesco V.I. American Value Fund | 0.67 | 0.75 | 0.83 | 81 | Mid Cap Value Equities | RPMMX vs UMCVX | |
| Virtus Ceredex Mid-Cap Value Equity Fund | 0.71 | 0.80 | 0.86 | 91 | Mid Cap Value Equities | RPMMX vs SMVTX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | 0.76 | 0.82 | 0.87 | 55 | Mid Cap Value Equities | RPMMX vs GTTMX |
See all 21 diversifiers for RPMMX
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