Looking to diversify beyond RYCRX? The mutual funds below have historically moved differently from RYCRX, 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 RYCRX
4 mutual funds have low correlation with RYCRX (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 |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.23 | — | — | 99 | REIT | RYCRX vs QREARX | |
| Redwood Real Estate Income Fund | 0.04 | — | — | 100 | REIT | RYCRX vs CREMX | |
| Rydex Electronics Fund | 0.05 | 0.24 | 0.39 | 84 | Technology Equities | RYCRX vs RYSIX | |
| Rydex Technology Fund | 0.08 | 0.28 | 0.46 | 52 | Technology Equities | RYCRX vs RYTIX | |
| Fidelity Series Real Estate Income Fund | 0.45 | 0.49 | 0.65 | 87 | REIT | RYCRX vs FSREX |
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