Looking to diversify beyond LVPIX? The mutual funds below have the lowest correlation with LVPIX — 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 LVPIX.
Best Diversifiers for LVPIX
1 mutual funds have low correlation with LVPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Semiconductor UltraSector Fund Investor Class (SMPIX) (Leveraged Equities) with a 1Y correlation of 0.29, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund Investor C... | 0.29 | 0.37 | 0.51 | 89 | Leveraged Equities, Semiconductors, Technology Equities | LVPIX vs SMPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.46 | 0.53 | 0.56 | 85 | Leveraged Equities | LVPIX vs BIPIX | |
| ProFunds Technology UltraSector Fund | 0.47 | 0.53 | 0.63 | 73 | Leveraged Equities | LVPIX vs TEPIX | |
| ProFunds UltraJapan Fund | 0.50 | 0.50 | 0.58 | 95 | Leveraged Equities | LVPIX vs UJPIX | |
| Federated Hermes Strategic Value Dividend Fund | 0.53 | 0.65 | 0.75 | 80 | Large Cap Value Equities | LVPIX vs SVAIX |
See all 33 diversifiers for LVPIX
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