Looking to diversify beyond RSFYX? The mutual funds below have the lowest correlation with RSFYX — 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 RSFYX.
Best Diversifiers for RSFYX
10 mutual funds have low correlation with RSFYX (below 0.3), 1 of which are negatively correlated. The least correlated is Federated Hermes Project and Trade Finance Tender Fund (XPTFX) (Bank Loan) with a 1Y correlation of -0.08, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | -0.08 | 0.02 | 0.08 | 84 | Bank Loan | RSFYX vs XPTFX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.05 | — | — | 100 | Nontraditional Bonds | RSFYX vs CBYYX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 0.09 | — | — | 98 | Bank Loan | RSFYX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 0.13 | 0.13 | 0.17 | 100 | Bank Loan | RSFYX vs RCRIX | |
| Victory Global Energy Transition Fund | 0.17 | 0.16 | 0.22 | 95 | Energy Equities | RSFYX vs RSNRX |
See all 46 diversifiers for RSFYX
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