Looking to diversify beyond RYHIX? The mutual funds below have the lowest correlation with RYHIX — 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 RYHIX.
Best Diversifiers for RYHIX
2 mutual funds have low correlation with RYHIX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Electronics Fund (RYSIX) (Technology Equities) with a 1Y correlation of 0.25, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | 0.25 | 0.36 | 0.48 | 96 | Technology Equities | RYHIX vs RYSIX | |
| Rydex Technology Fund | 0.29 | 0.40 | 0.56 | 73 | Technology Equities | RYHIX vs RYTIX | |
| Rydex NASDAQ-100 2x Strategy Fund | 0.32 | 0.41 | 0.57 | 61 | Leveraged Equities | RYHIX vs RYVYX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 0.32 | 0.42 | 0.57 | 61 | Leveraged Equities | RYHIX vs RMQAX | |
| Vanguard 500 Index Fund Admiral Shares | 0.49 | 0.59 | 0.69 | 66 | S&P 500, Large Cap Blend Equities | RYHIX vs VFIAX |
See all 18 diversifiers for RYHIX
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