Looking to diversify beyond DXRLX? The mutual funds below have the lowest correlation with DXRLX — 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 DXRLX.
Best Diversifiers for DXRLX
0 mutual funds have low correlation with DXRLX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds UltraLatin America Fund (UBPIX) (Leveraged Equities) with a 1Y correlation of 0.51, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraLatin America Fund | 0.51 | 0.52 | 0.52 | 58 | Leveraged Equities | DXRLX vs UBPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 0.51 | 0.51 | 0.61 | 89 | Leveraged Equities, Semiconductors, Technology Equities | DXRLX vs SMPIX | |
| ProFunds UltraJapan Fund | 0.59 | 0.57 | 0.62 | 96 | Leveraged Equities | DXRLX vs UJPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.60 | 0.68 | 0.64 | 79 | Leveraged Equities | DXRLX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.62 | 0.69 | 0.67 | 89 | Leveraged Equities | DXRLX vs BIPIX |
See all 19 diversifiers for DXRLX
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