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 Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.26, down from 0.80 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.26 | 0.70 | 0.80 | 99 | Large Cap Growth Equities | RYGRX vs EFCNX | |
| Adams Diversified Equity Fund, Inc. | 0.66 | 0.73 | 0.81 | 73 | Large Cap Growth Equities | RYGRX vs ADX | |
| Davis New York Venture Fund Class Y | 0.68 | 0.72 | 0.75 | 82 | Large Cap Growth Equities | RYGRX vs DNVYX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.69 | 0.67 | 0.71 | 52 | Large Cap Growth Equities, Foreign Large Cap Equities | RYGRX vs VTMGX | |
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | 0.70 | 0.70 | 0.71 | 71 | Large Cap Growth Equities | RYGRX vs QQQX |
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