Looking to diversify beyond RSIIX? The mutual funds below have the lowest correlation with RSIIX — 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 RSIIX.
Best Diversifiers for RSIIX
18 mutual funds have low correlation with RSIIX (below 0.3), 1 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.04, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.04 | -0.02 | -0.00 | 100 | High Yield Bonds | RSIIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 0.06 | 0.12 | 0.12 | 100 | High Yield Bonds | RSIIX vs CCLFX | |
| Federated Hermes High-Yield Strategy Portfolio | 0.13 | 0.20 | 0.32 | 71 | High Yield Bonds | RSIIX vs FHYSX | |
| Pioneer Corporate High Yield Fund | 0.13 | 0.22 | 0.33 | 55 | High Yield Bonds | RSIIX vs RCRYX | |
| RiverPark Floating Rate CMBS Fund | 0.15 | 0.12 | 0.16 | 100 | Bank Loan | RSIIX vs RCRIX |
See all 133 diversifiers for RSIIX
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