Looking to diversify beyond RYJSX? The mutual funds below have the lowest correlation with RYJSX — 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 RYJSX.
Best Diversifiers for RYJSX
0 mutual funds have low correlation with RYJSX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Pharmaceuticals UltraSector Fund (PHPIX) (Leveraged Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Pharmaceuticals UltraSector Fund | 0.38 | 0.42 | 0.44 | 92 | Leveraged Equities | RYJSX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.43 | 0.45 | 0.48 | 94 | Leveraged Equities | RYJSX vs BIPIX | |
| ProFunds UltraLatin America Fund | 0.48 | 0.45 | 0.46 | 78 | Leveraged Equities | RYJSX vs UBPIX | |
| ProFunds UltraSmall Cap Fund | 0.64 | 0.62 | 0.64 | 62 | Leveraged Equities | RYJSX vs UAPIX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 0.64 | 0.62 | 0.64 | 66 | Leveraged Equities | RYJSX vs DXRLX |
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