Looking to diversify beyond RSEAX? The mutual funds below have the lowest correlation with RSEAX — 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 RSEAX.
Best Diversifiers for RSEAX
3 mutual funds have low correlation with RSEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investments Tax-Exempt Bond Fund (RLVSX) (Municipal Bonds) with a 1Y correlation of 0.22, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investments Tax-Exempt Bond Fund | 0.22 | 0.14 | 0.13 | 80 | Municipal Bonds | RSEAX vs RLVSX | |
| Russell Investments Tax-Exempt High Yield Bond Fun... | 0.24 | 0.17 | 0.14 | 68 | High Yield Muni | RSEAX vs RTHAX | |
| Russell Investments Short Duration Bond Fund | 0.29 | 0.16 | 0.15 | 88 | Short-Term Bond | RSEAX vs RFBSX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.33 | 0.14 | 0.12 | 72 | Large Cap Blend Equities | RSEAX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.51 | 0.36 | 0.41 | 69 | Large Cap Blend Equities | RSEAX vs ORDNX |
See all 53 diversifiers for RSEAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RSEAX
Add RSEAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RSEAX