Looking to diversify beyond RYOIX? The mutual funds below have the lowest correlation with RYOIX — 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 RYOIX.
Best Diversifiers for RYOIX
0 mutual funds have low correlation with RYOIX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Electronics Fund (RYSIX) (Technology Equities) with a 1Y correlation of 0.36, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | 0.36 | 0.42 | 0.51 | 97 | Technology Equities | RYOIX vs RYSIX | |
| Rydex Technology Fund | 0.39 | 0.45 | 0.57 | 87 | Technology Equities | RYOIX vs RYTIX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 0.40 | 0.45 | 0.56 | 67 | Leveraged Equities | RYOIX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | 0.40 | 0.44 | 0.55 | 67 | Leveraged Equities | RYOIX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | 0.50 | 0.55 | 0.61 | 58 | Leveraged Equities | RYOIX vs RYTNX |
See all 17 diversifiers for RYOIX
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