Looking to diversify beyond DXQLX? The mutual funds below have the lowest correlation with DXQLX — 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 DXQLX.
Best Diversifiers for DXQLX
0 mutual funds have low correlation with DXQLX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Pharmaceuticals UltraSector Fund (PHPIX) (Leveraged Equities) with a 1Y correlation of 0.37, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Pharmaceuticals UltraSector Fund | 0.37 | 0.42 | 0.47 | 79 | Leveraged Equities | DXQLX vs PHPIX | |
| Comstock Capital Value Fund | 0.39 | 0.44 | 0.48 | 97 | Inverse Equities | DXQLX vs DRCVX | |
| ProFunds Biotechnology UltraSector Fund | 0.42 | 0.46 | 0.52 | 89 | Leveraged Equities | DXQLX vs BIPIX | |
| ProFunds UltraLatin America Fund | 0.43 | 0.41 | 0.38 | 58 | Leveraged Equities | DXQLX vs UBPIX | |
| ProFunds UltraSmall Cap Fund | 0.69 | 0.65 | 0.72 | 66 | Leveraged Equities | DXQLX vs UAPIX |
See all 23 diversifiers for DXQLX
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