Looking to diversify beyond RSIFX? The mutual funds below have historically moved differently from RSIFX, 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 RSIFX
1 mutual funds have low correlation with RSIFX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 0.08 | — | — | 100 | Nontraditional Bonds | RSIFX vs CBYYX | |
| Victory Global Energy Transition Fund | 0.34 | 0.41 | 0.44 | 96 | Energy Equities | RSIFX vs RSNRX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.47 | 0.56 | 0.66 | 58 | Technology Equities | RSIFX vs GTTIX | |
| USAA High Income Fund | 0.49 | 0.46 | 0.48 | 78 | High Yield Bonds | RSIFX vs USHYX | |
| ARK Venture Fund | 0.52 | 0.65 | — | 99 | Technology Equities | RSIFX vs ARKVX |
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