Looking to diversify beyond RSNYX? The mutual funds below have the lowest correlation with RSNYX — 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 RSNYX.
Best Diversifiers for RSNYX
17 mutual funds have low correlation with RSNYX (below 0.3), 1 of which are negatively correlated. The least correlated is Victory Pioneer Cat Bond Fund Class Y (CBYYX) (Nontraditional Bonds) with a 1Y correlation of -0.00, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.00 | -0.02 | -0.02 | 100 | Nontraditional Bonds | RSNYX vs CBYYX | |
| Guinness Atkinson Global Energy Fund | 0.23 | 0.49 | 0.60 | 86 | Energy Equities | RSNYX vs GAGEX | |
| Vanguard Energy Index Fund Admiral Shares | 0.23 | 0.47 | 0.61 | 58 | Energy Equities | RSNYX vs VENAX | |
| Fidelity Select Energy Portfolio | 0.24 | 0.50 | 0.63 | 79 | Energy Equities | RSNYX vs FSENX | |
| Invesco SteelPath MLP Income Fund | 0.25 | 0.46 | 0.59 | 60 | Energy Equities | RSNYX vs MLPZX |
See all 50 diversifiers for RSNYX
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