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RBC Short Duration Fixed Income Fund (RSDIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks to achieve a high level of current income consistent with preservation of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in fixed income securities. The fixed income securities in which the fund may invest include, but are not limited to, bonds, municipal securities, mortgage- related and asset-backed securities, and obligations of U.S. and foreign governments and their agencies. The fund may invest in securities with fixed, floating or variable rates of interest.

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

Best Diversifiers for RSDIX

7 mutual funds have low correlation with RSDIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.00, down from 0.35 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DFCFX
DFA Two-Year Fixed Income Portfolio0.000.010.35
65
Short-Term BondRSDIX vs DFCFX
REEIX
RBC Emerging Markets Equity Fund0.100.090.07
79
Emerging Markets DiversifiedRSDIX vs REEIX
REMVX
RBC Emerging Markets Value Equity Fund0.130.120.09
90
Emerging Markets DiversifiedRSDIX vs REMVX
GPARX
GuidePath Absolute Return Allocation Fund0.160.470.56
57
Short-Term BondRSDIX vs GPARX
LCCMX
Leader Short Term High Yield Bond Fund0.190.180.21
80
Short-Term BondRSDIX vs LCCMX
See all 23 diversifiers for RSDIX

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Diversification Analysis

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