Looking to diversify beyond RUSIX? The mutual funds below have the lowest correlation with RUSIX — 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 RUSIX.
Best Diversifiers for RUSIX
16 mutual funds have low correlation with RUSIX (below 0.3), 1 of which are negatively correlated. The least correlated is Tactical Multi-Purpose Fund (TMPFX) (Ultrashort Bond) with a 1Y correlation of -0.03, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | -0.03 | -0.01 | -0.01 | 100 | Ultrashort Bond | RUSIX vs TMPFX | |
| CrossingBridge Ultra-Short Duration Fund | 0.02 | 0.11 | — | 99 | Ultrashort Bond | RUSIX vs CBUDX | |
| RBC Emerging Markets Equity Fund | 0.05 | 0.10 | 0.08 | 79 | Emerging Markets Diversified | RUSIX vs REEIX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.06 | 0.20 | 0.26 | 99 | Ultrashort Bond | RUSIX vs ENIAX | |
| RBC Emerging Markets Value Equity Fund | 0.08 | 0.13 | 0.09 | 90 | Emerging Markets Diversified | RUSIX vs REMVX |
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