Looking to diversify beyond RTIYX? The mutual funds below have the lowest correlation with RTIYX — 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 RTIYX.
Best Diversifiers for RTIYX
0 mutual funds have low correlation with RTIYX (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 0.34, up from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investments Tax-Exempt Bond Fund | 0.34 | 0.24 | 0.18 | 83 | Municipal Bonds | RTIYX vs RLVSX | |
| Russell Investments Global Infrastructure Fund | 0.56 | 0.64 | 0.73 | 58 | Energy Equities | RTIYX vs RGIYX | |
| Federated Hermes International Strategic Value Div... | 0.57 | 0.63 | 0.74 | 61 | Foreign Large Cap Equities | RTIYX vs IVFIX | |
| Thornburg Global Opportunities Fund | 0.65 | 0.72 | 0.78 | 86 | Foreign Large Cap Equities | RTIYX vs THOIX | |
| American Beacon Tocqueville International Value Fu... | 0.66 | 0.72 | 0.81 | 83 | Foreign Large Cap Equities | RTIYX vs TIVFX |
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