Looking to diversify beyond RTSSX? The mutual funds below have the lowest correlation with RTSSX — 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 RTSSX.
Best Diversifiers for RTSSX
1 mutual funds have low correlation with RTSSX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.29, up from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.29 | 0.14 | 0.06 | 95 | Long-Short | RTSSX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.35 | 0.26 | 0.12 | 60 | Systematic Trend | RTSSX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.66 | 0.65 | 0.72 | 70 | Large Cap Growth Equities | RTSSX vs NASDX | |
| Auer Growth Fund | 0.75 | 0.79 | 0.82 | 83 | Small Cap Blend Equities | RTSSX vs AUERX | |
| iShares S&P 500 Index Fund Class K | 0.79 | 0.79 | 0.83 | 66 | S&P 500 | RTSSX vs WFSPX |
See all 37 diversifiers for RTSSX
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