Looking to diversify beyond RWIGX? The mutual funds below have the lowest correlation with RWIGX — 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 RWIGX.
Best Diversifiers for RWIGX
0 mutual funds have low correlation with RWIGX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.55, down from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.55 | 0.66 | 0.75 | 80 | Global Equities | RWIGX vs RTXAX | |
| Polaris Global Value Fund | 0.60 | 0.71 | 0.79 | 89 | Global Equities | RWIGX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.61 | 0.60 | 0.72 | 90 | Global Equities | RWIGX vs FMIEX | |
| American Funds American High-Income Trust® Class R... | 0.61 | 0.55 | 0.57 | 87 | High Yield Bonds | RWIGX vs RITGX | |
| SEI Institutional Investments Trust Global Managed... | 0.62 | 0.67 | 0.75 | 55 | Global Equities | RWIGX vs SGMAX |
See all 49 diversifiers for RWIGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RWIGX
Add RWIGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RWIGX