Looking to diversify beyond RYMEX? The mutual funds below have historically moved differently from RYMEX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RYMEX
4 mutual funds have low correlation with RYMEX (below 0.3), 4 of which are negatively correlated. The least correlated is Rydex Dow Jones Industrial Average Fund (RYDAX) (Large Cap Value Equities) with a 1Y correlation of -0.28, down from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Dow Jones Industrial Average Fund | -0.28 | -0.08 | 0.09 | 52 | Large Cap Value Equities | RYMEX vs RYDAX | |
| Rydex Russell 2000 Fund | -0.22 | -0.01 | 0.14 | 72 | Small Cap Blend Equities | RYMEX vs RYRRX | |
| Rydex Technology Fund | -0.14 | 0.01 | 0.09 | 52 | Technology Equities | RYMEX vs RYTIX | |
| Rydex Electronics Fund | -0.09 | 0.04 | 0.11 | 84 | Technology Equities | RYMEX vs RYSIX | |
| Fidelity Advisor Global Commodity Stock Fund Class... | 0.44 | 0.48 | 0.57 | 87 | Commodities | RYMEX vs FFGAX |
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