Looking to diversify beyond RYTIX? The mutual funds below have the lowest correlation with RYTIX — 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 RYTIX.
Best Diversifiers for RYTIX
3 mutual funds have low correlation with RYTIX (below 0.3), 1 of which are negatively correlated. The least correlated is Rydex Commodities Strategy Fund (RYMEX) (Commodities) with a 1Y correlation of -0.19, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Commodities Strategy Fund | -0.19 | 0.01 | 0.10 | 62 | Commodities | RYTIX vs RYMEX | |
| Rydex Energy Fund | 0.09 | 0.24 | 0.33 | 80 | Energy Equities | RYTIX vs RYEIX | |
| Rydex Energy Services Fund | 0.23 | 0.31 | 0.35 | 89 | Energy Equities | RYTIX vs RYVIX | |
| Rydex Biotechnology Fund | 0.40 | 0.46 | 0.57 | 72 | Health & Biotech Equities | RYTIX vs RYOIX | |
| ARK Venture Fund | 0.50 | 0.61 | — | 98 | Technology Equities | RYTIX vs ARKVX |
See all 32 diversifiers for RYTIX
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