Looking to diversify beyond RYLIX? The mutual funds below have the lowest correlation with RYLIX — 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 RYLIX.
Best Diversifiers for RYLIX
1 mutual funds have low correlation with RYLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Electronics Fund (RYSIX) (Technology Equities) with a 1Y correlation of 0.26, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | 0.26 | 0.48 | 0.61 | 97 | Technology Equities | RYLIX vs RYSIX | |
| Rydex Technology Fund | 0.41 | 0.60 | 0.72 | 75 | Technology Equities | RYLIX vs RYTIX | |
| Rydex NASDAQ-100 2x Strategy Fund | 0.44 | 0.60 | 0.70 | 62 | Leveraged Equities | RYLIX vs RYVYX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 0.45 | 0.60 | 0.71 | 62 | Leveraged Equities | RYLIX vs RMQAX | |
| Rydex S&P MidCap 400 Pure Growth Fund | 0.59 | 0.71 | 0.78 | 51 | Mid Cap Growth Equities | RYLIX vs RYCKX |
See all 7 diversifiers for RYLIX
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