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Rydex S&P MidCap 400 Pure Value Fund (RYMMX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The investment seeks investment results that match, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index for mid-cap value securities on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. It invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.

Looking to diversify beyond RYMMX? The mutual funds below have the lowest correlation with RYMMX — 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 RYMMX.

Best Diversifiers for RYMMX

0 mutual funds have low correlation with RYMMX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Technology Fund (RYTIX) (Technology Equities) with a 1Y correlation of 0.44, down from 0.62 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RYTIX
Rydex Technology Fund0.440.550.62
66
Technology EquitiesRYMMX vs RYTIX
RYSIX
Rydex Electronics Fund0.440.520.60
93
Technology EquitiesRYMMX vs RYSIX
AVALX
Aegis Value Fund0.480.510.57
90
Small Cap Value EquitiesRYMMX vs AVALX
FXAIX
Fidelity 500 Index Fund0.540.660.73
65
S&P 500RYMMX vs FXAIX
BRSIX
Bridgeway Ultra Small Company Market Fund0.610.720.74
70
Small Cap Value EquitiesRYMMX vs BRSIX
See all 31 diversifiers for RYMMX

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