Looking to diversify beyond RSF? The mutual funds below have historically moved differently from RSF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RSF
25 mutual funds have low correlation with RSF (below 0.3), 0 of which are negatively correlated. The least correlated is Fairholme Focused Income Fund (FOCIX) (High Yield Bonds) with a 1Y correlation of 0.02, down from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fairholme Focused Income Fund | 0.02 | 0.11 | 0.15 | 73 | High Yield Bonds | RSF vs FOCIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.03 | 0.02 | 0.07 | 100 | Bank Loan, High Yield Bonds | RSF vs CCLFX | |
| Changing Parameters Fund | 0.04 | 0.15 | 0.15 | 80 | High Yield Bonds | RSF vs CPMPX | |
| RiverPark Short Term High Yield Fund | 0.04 | 0.02 | 0.07 | 100 | High Yield Bonds | RSF vs RPHIX | |
| American Beacon SiM High Yield Opportunities Fund ... | 0.06 | 0.20 | 0.22 | 96 | High Yield Bonds | RSF vs SHOYX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RSF
Add RSF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RSF