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RiverPark Large Growth Fund (RPXIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
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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 historically moved differently from RPXIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

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 0.08, roughly unchanged from 0.08 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RCRIX
RiverPark Floating Rate CMBS Fund0.080.090.08
100
Bank LoanRPXIX vs RCRIX
RPHIX
RiverPark Short Term High Yield Fund0.210.190.18
100
High Yield BondsRPXIX vs RPHIX
RSIIX
RiverPark Strategic Income Fund0.410.310.33
69
High Yield BondsRPXIX vs RSIIX
AMRGX
American Growth Fund Series One0.530.700.75
56
Large Cap Growth EquitiesRPXIX vs AMRGX
WPGTX
WPG Partners Small/Micro Cap Value Fund0.530.580.64
78
Small Cap Value EquitiesRPXIX vs WPGTX
See all 24 diversifiers for RPXIX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for RPXIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Permian Basin Royalty Trust (PBT) (Energy) with a 1Y correlation of -0.05, down from 0.12 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
PBT
Permian Basin Royalty Trust-0.050.090.12
95
Energy
PFE
Pfizer Inc.0.150.140.16
64
Healthcare
MMM
3M Company0.290.360.41
67
Industrials

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Diversification Analysis

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