Looking to diversify beyond RYSIX? The mutual funds below have the lowest correlation with RYSIX — 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 RYSIX.
Best Diversifiers for RYSIX
3 mutual funds have low correlation with RYSIX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Energy Fund (RYEIX) (Energy Equities) with a 1Y correlation of 0.12, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Energy Fund | 0.12 | 0.25 | 0.34 | 51 | Energy Equities | RYSIX vs RYEIX | |
| Rydex S&P 500 Pure Value Fund | 0.15 | 0.32 | 0.46 | 68 | Large Cap Value Equities | RYSIX vs RYVVX | |
| Rydex Biotechnology Fund | 0.26 | 0.39 | 0.49 | 91 | Health & Biotech Equities | RYSIX vs RYOIX | |
| Rydex Energy Services Fund | 0.30 | 0.32 | 0.37 | 69 | Energy Equities | RYSIX vs RYVIX | |
| ARK Venture Fund | 0.33 | 0.52 | — | 99 | Technology Equities | RYSIX vs ARKVX |
See all 61 diversifiers for RYSIX
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