Looking to diversify beyond RRPIX? The mutual funds below have the lowest correlation with RRPIX — 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 RRPIX.
Best Diversifiers for RRPIX
8 mutual funds have low correlation with RRPIX (below 0.3), 8 of which are negatively correlated. The least correlated is ProFunds Biotechnology UltraSector Fund (BIPIX) (Leveraged Equities) with a 1Y correlation of -0.19, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Biotechnology UltraSector Fund | -0.19 | -0.20 | -0.13 | 81 | Leveraged Equities | RRPIX vs BIPIX | |
| ProFunds Bull Investor Fund | -0.18 | -0.15 | -0.05 | 63 | Leveraged Equities | RRPIX vs BLPIX | |
| ProFunds UltraBull Fund | -0.18 | -0.15 | -0.05 | 62 | Leveraged Equities | RRPIX vs ULPIX | |
| ProFunds UltraNASDAQ-100 Fund | -0.14 | -0.11 | -0.05 | 70 | Leveraged Equities | RRPIX vs UOPIX | |
| ProFunds NASDAQ-100 Fund | -0.14 | -0.11 | -0.05 | 68 | Large Cap Growth Equities | RRPIX vs OTPIX |
See all 8 diversifiers for RRPIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RRPIX
Add RRPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RRPIX