Looking to diversify beyond RYPRX? The mutual funds below have the lowest correlation with RYPRX — 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 RYPRX.
Best Diversifiers for RYPRX
0 mutual funds have low correlation with RYPRX (below 0.3), 0 of which are negatively correlated. The least correlated is Auer Growth Fund (AUERX) (Small Cap Blend Equities) with a 1Y correlation of 0.65, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Auer Growth Fund | 0.65 | 0.73 | 0.76 | 91 | Small Cap Blend Equities | RYPRX vs AUERX | |
| Fidelity Small Cap Index Fund | 0.78 | 0.86 | 0.87 | 62 | Small Cap Blend Equities | RYPRX vs FSSNX | |
| Voya Index Plus SmallCap Portfolio | 0.78 | 0.84 | 0.88 | 75 | Small Cap Blend Equities | RYPRX vs IPSIX | |
| Hodges Small Cap Fund | 0.81 | 0.85 | 0.87 | 74 | Small Cap Blend Equities | RYPRX vs HDPSX | |
| Neuberger Berman Intrinsic Value Fund | 0.81 | 0.88 | 0.90 | 86 | Small Cap Blend Equities | RYPRX vs NINLX |
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