Looking to diversify beyond RYIEX? The mutual funds below have the lowest correlation with RYIEX — 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 RYIEX.
Best Diversifiers for RYIEX
1 mutual funds have low correlation with RYIEX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.25, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.25 | 0.33 | 0.36 | 63 | Emerging Markets Bonds | RYIEX vs EDF | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.31 | 0.22 | 0.22 | 98 | Emerging Markets Bonds | RYIEX vs EELDX | |
| Rydex Electronics Fund | 0.35 | 0.34 | 0.38 | 96 | Technology Equities | RYIEX vs RYSIX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.35 | 0.24 | 0.23 | 98 | Emerging Markets Bonds | RYIEX vs EIDOX | |
| Rydex Technology Fund | 0.43 | 0.39 | 0.43 | 73 | Technology Equities | RYIEX vs RYTIX |
See all 22 diversifiers for RYIEX
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