Looking to diversify beyond RWMGX? The mutual funds below have the lowest correlation with RWMGX — 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 RWMGX.
Best Diversifiers for RWMGX
0 mutual funds have low correlation with RWMGX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.31, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.14 | 0.12 | 72 | Large Cap Blend Equities | RWMGX vs SVPFX | |
| BlackRock Low Duration Bond Portfolio | 0.31 | 0.17 | 0.17 | 71 | Short-Term Bond | RWMGX vs BFMSX | |
| North Square Preferred and Income Securities Fund | 0.49 | 0.35 | 0.42 | 69 | Large Cap Blend Equities | RWMGX vs ORDNX | |
| BlackRock High Yield K | 0.60 | 0.53 | 0.53 | 81 | High Yield Bonds | RWMGX vs BRHYX | |
| Fidelity Select Semiconductors Portfolio | 0.61 | 0.67 | 0.69 | 96 | Semiconductors, Technology Equities | RWMGX vs FSELX |
See all 65 diversifiers for RWMGX
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