Looking to diversify beyond RYGRX? The mutual funds below have historically moved differently from RYGRX, 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 RYGRX
4 mutual funds have low correlation with RYGRX (below 0.3), 1 of which are negatively correlated. The least correlated is Rydex Commodities Strategy Fund (RYMEX) (Commodities) with a 1Y correlation of -0.15, down from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Commodities Strategy Fund | -0.15 | 0.04 | 0.15 | 52 | Commodities | RYGRX vs RYMEX | |
| Rydex Energy Fund | 0.11 | 0.33 | 0.44 | 79 | Energy Equities | RYGRX vs RYEIX | |
| Rydex S&P 500 Pure Value Fund | 0.26 | 0.44 | 0.55 | 90 | Large Cap Value Equities | RYGRX vs RYVVX | |
| Rydex Health Care Fund | 0.29 | 0.43 | 0.59 | 62 | Health & Biotech Equities | RYGRX vs RYHIX | |
| Rydex Energy Services Fund | 0.33 | 0.40 | 0.46 | 77 | Energy Equities | RYGRX vs RYVIX |
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