PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond RTDYX? The mutual funds below have historically moved differently from RTDYX, 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 RTDYX

3 mutual funds have low correlation with RTDYX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investments Tax-Exempt Bond Fund (RLVSX) (Municipal Bonds) with a 1Y correlation of 0.25, up from 0.13 over 5 years.

How candidates are selected

Diversification Analysis

Build a portfolio that complements RTDYX

Add RTDYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with RTDYX