Looking to diversify beyond RWIIX? The mutual funds below have historically moved differently from RWIIX, 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 RWIIX
1 mutual funds have low correlation with RWIIX (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | -0.00 | — | — | 100 | REIT | RWIIX vs CREMX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.39 | 0.53 | 0.51 | 53 | Foreign Large Cap Equities | RWIIX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.39 | 0.53 | 0.51 | 51 | Foreign Large Cap Equities, Emerging Markets Equities | RWIIX vs GSIYX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.39 | 0.53 | 0.51 | 54 | Foreign Large Cap Equities | RWIIX vs GSIMX | |
| GQG Partners International Quality Dividend Income... | 0.44 | 0.59 | 0.55 | 68 | Quality Factor, Foreign Large Cap Equities | RWIIX vs GQJPX |
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