Looking to diversify beyond RWSIX? The mutual funds below have historically moved differently from RWSIX, 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 RWSIX
12 mutual funds have low correlation with RWSIX (below 0.3), 2 of which are negatively correlated. The least correlated is AQR Managed Futures Strategy HV Fund (QMHIX) (Systematic Trend) with a 1Y correlation of -0.01, up from -0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Managed Futures Strategy HV Fund | -0.01 | -0.03 | -0.13 | 81 | Systematic Trend | RWSIX vs QMHIX | |
| Redwood Real Estate Income Fund | -0.01 | — | — | 100 | REIT | RWSIX vs CREMX | |
| AQR Managed Futures Strategy HV Fund Class N | 0.00 | -0.03 | -0.13 | 80 | Systematic Trend | RWSIX vs QMHNX | |
| AQR Managed Futures Strategy Fund - Class I | 0.01 | -0.02 | -0.13 | 90 | Systematic Trend | RWSIX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 0.02 | -0.01 | -0.12 | 89 | Systematic Trend | RWSIX vs AQMNX |
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