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
1 mutual funds have low correlation with RYJSX (below 0.3), 1 of which are negatively correlated. The least correlated is ProFunds UltraSector Oil & Gas Fund (ENPIX) (Leveraged Equities) with a 1Y correlation of -0.06, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraSector Oil & Gas Fund | -0.06 | 0.11 | 0.22 | 52 | Leveraged Equities | RYJSX vs ENPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.44 | 0.46 | 0.48 | 68 | Leveraged Equities | RYJSX vs BIPIX | |
| ProFunds UltraLatin America Fund | 0.50 | 0.47 | 0.47 | 62 | Leveraged Equities | RYJSX vs UBPIX | |
| ProFunds Semiconductor UltraSector Fund | 0.58 | 0.55 | 0.60 | 90 | Leveraged Equities | RYJSX vs SMPIX | |
| Rydex Russell 2000 1.5x Strategy Fund | 0.61 | 0.61 | 0.64 | 52 | Leveraged Equities | RYJSX vs RYMKX |
See all 24 diversifiers for RYJSX
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