Looking to diversify beyond RYGRX? The mutual funds below have the lowest correlation with RYGRX — 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 RYGRX.
Best Diversifiers for RYGRX
1 mutual funds have low correlation with RYGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Energy Services Fund (RYVIX) (Energy Equities) with a 1Y correlation of 0.28, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Energy Services Fund | 0.28 | 0.41 | 0.45 | 67 | Energy Equities | RYGRX vs RYVIX | |
| Rydex Biotechnology Fund | 0.43 | 0.47 | 0.59 | 84 | Health & Biotech Equities | RYGRX vs RYOIX | |
| Baron Partners Fund | 0.44 | 0.56 | 0.65 | 52 | Large Cap Growth Equities | RYGRX vs BPTRX | |
| Rydex S&P SmallCap 600 Pure Value Fund | 0.58 | 0.59 | 0.63 | 50 | Small Cap Value Equities | RYGRX vs RYYCX | |
| Rydex Telecommunications Fund | 0.66 | 0.65 | 0.71 | 90 | Communications Equities | RYGRX vs RYMIX |
See all 89 diversifiers for RYGRX
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Diversification Analysis
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