Looking to diversify beyond RYURX? The mutual funds below have the lowest correlation with RYURX — 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 RYURX.
Best Diversifiers for RYURX
17 mutual funds have low correlation with RYURX (below 0.3), 17 of which are negatively correlated. The least correlated is Rydex Nova Fund (RYNVX) (Leveraged Equities) with a 1Y correlation of -1.00, roughly unchanged from -0.99 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Nova Fund | -1.00 | -1.00 | -0.99 | 52 | Leveraged Equities | RYURX vs RYNVX | |
| Rydex S&P 500 Fund | -1.00 | -0.99 | -1.00 | 56 | S&P 500 | RYURX vs RYSOX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | -0.94 | -0.93 | -0.94 | 61 | Leveraged Equities | RYURX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | -0.94 | -0.93 | -0.93 | 61 | Leveraged Equities | RYURX vs RYVYX | |
| Rydex Technology Fund | -0.87 | -0.88 | -0.90 | 73 | Technology Equities | RYURX vs RYTIX |
See all 17 diversifiers for RYURX
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