Looking to diversify beyond RQIIX? The mutual funds below have the lowest correlation with RQIIX — 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 RQIIX.
Best Diversifiers for RQIIX
28 mutual funds have low correlation with RQIIX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.04, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.04 | 0.11 | 0.15 | 60 | Diversified Portfolio | RQIIX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.06 | 0.13 | 67 | Diversified Portfolio | RQIIX vs MHELX | |
| Standpoint Multi-Asset Fund Institutional | 0.05 | -0.07 | -0.05 | 80 | Diversified Portfolio | RQIIX vs BLNDX | |
| Virtus Diversified Income & Convertible Fund | 0.05 | 0.11 | 0.19 | 73 | Diversified Portfolio | RQIIX vs ACV | |
| Concorde Wealth Management Fund | 0.06 | 0.09 | 0.14 | 73 | Diversified Portfolio | RQIIX vs CONWX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RQIIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RQIIX and solid risk/return profiles. The least correlated is EPR Properties (EPR) (Real Estate) with a 1Y correlation of 0.11, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| EPR Properties | 0.11 | 0.18 | 0.20 | 52 | Real Estate | |
| Cohen & Steers Quality Income Realty Fund, Inc. | 0.25 | 0.33 | 0.30 | 60 | Financial Services |
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