Looking to diversify beyond RYYCX? The mutual funds below have the lowest correlation with RYYCX — 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 RYYCX.
Best Diversifiers for RYYCX
0 mutual funds have low correlation with RYYCX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Electronics Fund (RYSIX) (Technology Equities) with a 1Y correlation of 0.39, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | 0.39 | 0.46 | 0.55 | 93 | Technology Equities | RYYCX vs RYSIX | |
| Aegis Value Fund | 0.41 | 0.46 | 0.56 | 90 | Small Cap Value Equities | RYYCX vs AVALX | |
| Rydex Technology Fund | 0.44 | 0.50 | 0.57 | 66 | Technology Equities | RYYCX vs RYTIX | |
| Invesco Small Cap Value Fund | 0.69 | 0.76 | 0.83 | 82 | Small Cap Value Equities | RYYCX vs VSCAX | |
| Bridgeway Ultra Small Company Market Fund | 0.72 | 0.77 | 0.78 | 70 | Small Cap Value Equities | RYYCX vs BRSIX |
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