Looking to diversify beyond RYVNX? The mutual funds below have the lowest correlation with RYVNX — 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 RYVNX.
Best Diversifiers for RYVNX
6 mutual funds have low correlation with RYVNX (below 0.3), 6 of which are negatively correlated. The least correlated is ProFunds Technology UltraSector Fund (TEPIX) (Leveraged Equities) with a 1Y correlation of -0.94, roughly unchanged from -0.95 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Technology UltraSector Fund | -0.94 | -0.94 | -0.95 | 56 | Leveraged Equities | RYVNX vs TEPIX | |
| Rydex Technology Fund | -0.94 | -0.94 | -0.95 | 66 | Technology Equities | RYVNX vs RYTIX | |
| Rydex Electronics Fund | -0.85 | -0.86 | -0.87 | 93 | Technology Equities | RYVNX vs RYSIX | |
| Rydex Russell 2000 Fund | -0.69 | -0.67 | -0.73 | 60 | Small Cap Blend Equities | RYVNX vs RYRRX | |
| Comstock Capital Value Fund | -0.35 | -0.44 | -0.48 | 95 | Inverse Equities | RYVNX vs DRCVX |
See all 6 diversifiers for RYVNX
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