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RiverPark Large Growth Fund (RPXIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund seeks long-term capital appreciation by investing in equity securities of large capitalization companies that RiverPark believes have above-average growth prospects. Under normal circumstances, it invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the securities of large capitalization companies. The fund invests primarily in common stocks. The fund's managers consider companies with market capitalizations in excess of $5 billion to be large capitalization companies.

Looking to diversify beyond RPXIX? The mutual funds below have the lowest correlation with RPXIX — 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 RPXIX.

Best Diversifiers for RPXIX

2 mutual funds have low correlation with RPXIX (below 0.3), 0 of which are negatively correlated. The least correlated is RiverPark Floating Rate CMBS Fund (RCRIX) (Bank Loan) with a 1Y correlation of 0.10, roughly unchanged from 0.08 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RCRIX
RiverPark Floating Rate CMBS Fund0.100.100.08
100
Bank LoanRPXIX vs RCRIX
RPHIX
RiverPark Short Term High Yield Fund0.250.190.18
99
High Yield BondsRPXIX vs RPHIX
RSIIX
RiverPark Strategic Income Fund0.390.290.32
68
High Yield BondsRPXIX vs RSIIX
WPGTX
WPG Partners Small/Micro Cap Value Fund0.530.590.63
63
Small Cap Value EquitiesRPXIX vs WPGTX
IOLZX
ICON Equity Fund0.590.620.70
84
Large Cap Growth EquitiesRPXIX vs IOLZX
See all 27 diversifiers for RPXIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from RPXIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RPXIX and solid risk/return profiles. The least correlated is Pfizer Inc. (PFE) (Healthcare) with a 1Y correlation of 0.11, roughly unchanged from 0.16 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
PFE
Pfizer Inc.0.110.140.16
58
Healthcare
MMM
3M Company0.300.360.41
59
Industrials

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Diversification Analysis

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