Looking to diversify beyond RYPNX? The mutual funds below have the lowest correlation with RYPNX — 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 RYPNX.
Best Diversifiers for RYPNX
1 mutual funds have low correlation with RYPNX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Clover Small Value Fund (VSFAX) (Small Cap Value Equities) with a 1Y correlation of 0.28, down from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Clover Small Value Fund | 0.28 | 0.61 | 0.77 | 55 | Small Cap Value Equities | RYPNX vs VSFAX | |
| Aegis Value Fund | 0.52 | 0.55 | 0.61 | 88 | Small Cap Value Equities | RYPNX vs AVALX | |
| John Hancock Variable Insurance Trust Small Cap Va... | 0.69 | 0.79 | 0.86 | 65 | Small Cap Value Equities | RYPNX vs JESVX | |
| Third Avenue Small Cap Value Fund | 0.76 | 0.76 | 0.81 | 82 | Small Cap Value Equities | RYPNX vs TASCX | |
| Mutual of America Small Cap Value Fund | 0.78 | 0.85 | 0.82 | 58 | Small Cap Value Equities | RYPNX vs MAVKX |
See all 81 diversifiers for RYPNX
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