Looking to diversify beyond RYHIX? The mutual funds below have historically moved differently from RYHIX, 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 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 0.18, down from 0.45 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | 0.18 | 0.33 | 0.45 | 84 | Technology Equities | RYHIX vs RYSIX | |
| Rydex Technology Fund | 0.20 | 0.36 | 0.53 | 52 | Technology Equities | RYHIX vs RYTIX | |
| Vanguard 500 Index Fund Admiral Shares | 0.40 | 0.55 | 0.67 | 63 | S&P 500, Large Cap Blend Equities | RYHIX vs VFIAX | |
| Rydex Russell 2000 Fund | 0.50 | 0.62 | 0.68 | 72 | Small Cap Blend Equities | RYHIX vs RYRRX | |
| Rydex Dow Jones Industrial Average Fund | 0.57 | 0.69 | 0.73 | 52 | Large Cap Value Equities | RYHIX vs RYDAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RYHIX
Add RYHIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RYHIX