Looking to diversify beyond RYIPX? The mutual funds below have the lowest correlation with RYIPX — 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 RYIPX.
Best Diversifiers for RYIPX
0 mutual funds have low correlation with RYIPX (below 0.3), 0 of which are negatively correlated. The least correlated is Royce Small-Cap Value Fund (RYVFX) (Small Cap Value Equities) with a 1Y correlation of 0.39, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Royce Small-Cap Value Fund | 0.39 | 0.48 | 0.56 | 65 | Small Cap Value Equities | RYIPX vs RYVFX | |
| Royce Special Equity Fund | 0.42 | 0.50 | 0.55 | 83 | Small Cap Value Equities | RYIPX vs RYSEX | |
| Royce Pennsylvania Mutual Fund | 0.49 | 0.57 | 0.63 | 66 | Small Cap Blend Equities | RYIPX vs PENNX | |
| Royce Micro Cap Series Fund | 0.53 | 0.57 | 0.62 | 90 | Small Cap Blend Equities | RYIPX vs RYOTX | |
| Royce Opportunity Fund | 0.54 | 0.57 | 0.62 | 82 | Small Cap Value Equities | RYIPX vs RYPNX |
See all 13 diversifiers for RYIPX
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