Looking to diversify beyond RRFIX? The mutual funds below have the lowest correlation with RRFIX — 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 RRFIX.
Best Diversifiers for RRFIX
11 mutual funds have low correlation with RRFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.13, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.13 | 0.23 | 0.18 | 80 | Large Cap Value Equities | RRFIX vs SVAIX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | 0.17 | 0.60 | — | 80 | Inflation-Protected Bonds | RRFIX vs FSTZX | |
| SEI Institutional Investments Trust Real Return Fu... | 0.18 | 0.62 | 0.71 | 64 | Inflation-Protected Bonds | RRFIX vs RRPAX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.18 | 0.61 | 0.72 | 84 | Inflation-Protected Bonds | RRFIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.21 | 0.62 | 0.72 | 84 | Inflation-Protected Bonds | RRFIX vs VTIPX |
See all 13 diversifiers for RRFIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RRFIX
Add RRFIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RRFIX