Looking to diversify beyond RYMKX? The mutual funds below have the lowest correlation with RYMKX — 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 RYMKX.
Best Diversifiers for RYMKX
0 mutual funds have low correlation with RYMKX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds UltraLatin America Fund (UBPIX) (Leveraged Equities) with a 1Y correlation of 0.51, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraLatin America Fund | 0.51 | 0.52 | 0.52 | 60 | Leveraged Equities | RYMKX vs UBPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 0.51 | 0.50 | 0.61 | 81 | Leveraged Equities, Semiconductors, Technology Equities | RYMKX vs SMPIX | |
| ProFunds UltraJapan Fund | 0.59 | 0.57 | 0.62 | 93 | Leveraged Equities | RYMKX vs UJPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.61 | 0.68 | 0.64 | 82 | Leveraged Equities | RYMKX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.62 | 0.69 | 0.67 | 91 | Leveraged Equities | RYMKX vs BIPIX |
See all 13 diversifiers for RYMKX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements RYMKX
Add RYMKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RYMKX