Looking to diversify beyond RYCYX? The mutual funds below have the lowest correlation with RYCYX — 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 RYCYX.
Best Diversifiers for RYCYX
0 mutual funds have low correlation with RYCYX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Semiconductor UltraSector Fund Investor Class (SMPIX) (Leveraged Equities) with a 1Y correlation of 0.39, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund Investor C... | 0.39 | 0.42 | 0.53 | 88 | Leveraged Equities, Semiconductors, Technology Equities | RYCYX vs SMPIX | |
| ProFunds UltraLatin America Fund | 0.45 | 0.44 | 0.46 | 52 | Leveraged Equities | RYCYX vs UBPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.46 | 0.59 | 0.62 | 73 | Leveraged Equities | RYCYX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.48 | 0.52 | 0.56 | 85 | Leveraged Equities | RYCYX vs BIPIX | |
| Rydex Electronics Fund | 0.49 | 0.52 | 0.60 | 96 | Technology Equities | RYCYX vs RYSIX |
See all 20 diversifiers for RYCYX
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