Looking to diversify beyond RYCLX? The mutual funds below have the lowest correlation with RYCLX — 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 RYCLX.
Best Diversifiers for RYCLX
8 mutual funds have low correlation with RYCLX (below 0.3), 8 of which are negatively correlated. The least correlated is Rydex Russell 2000 Fund (RYRRX) (Small Cap Blend Equities) with a 1Y correlation of -0.90, roughly unchanged from -0.95 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Russell 2000 Fund | -0.90 | -0.94 | -0.95 | 62 | Small Cap Blend Equities | RYCLX vs RYRRX | |
| Rydex S&P 500 Pure Growth Fund | -0.79 | -0.80 | -0.82 | 62 | Large Cap Growth Equities | RYCLX vs RYGRX | |
| Rydex Nova Fund | -0.75 | -0.78 | -0.83 | 52 | Leveraged Equities | RYCLX vs RYNVX | |
| Rydex Technology Fund | -0.64 | -0.68 | -0.74 | 73 | Technology Equities | RYCLX vs RYTIX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | -0.62 | -0.64 | -0.71 | 61 | Leveraged Equities | RYCLX vs RMQAX |
See all 8 diversifiers for RYCLX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RYCLX
Add RYCLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RYCLX